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Plain channel chart... Resistance seems strong at current levels.
Let's wait and watch (and see how monk does)...
Daily TF - Broken upwards price channel.
Has reached ALL TIME HIGH resistance levels.
on 4 HR TF also channel break has occurred with small retracement.
Ideal buy will be around 342 - 343 levels for target of 350 levels.
Sl will be 340.
Broken out of an upward wedge.
Looks good for targets marked in blue.
SL can be small.
Gold has broken a downward wedge to move on upside... Support / Resistance lines marked as well as Fibo levels.
Trend lines showing resistance levels with support levels...
Upwards move to touch targets in blue
Support resistances marked
Fibo levels plotted with supports and resistances...
Fibo levels for Breakdown of upward price channel.. - Fibo done on daily Tf
Downward wedge movement
Targets in green
Support in Yellow
Flying on Fibonacci
Fibonacci levels plotted
Fibo levels marked
Fibo levels plotted