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TheChannelTrader

Short incoming

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
TheChannelTrader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Parallel Channel Supply and Demand
10
2
parallelchannel supplyanddemand
As seen on chart. End of red channel

Looking for shorts
Comment:
Lesson: When market goes parabolic, there is no stopping it until it reaches final exhaustion. Supply and demand are irrelevant.
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