GOLD - This could be something special!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Tonnes of confluence on the weekly chart for Gold to bounce off at 1358 as shown in the chart.

1. SMA support

2. 50% fib support

3. Descending Channel Support

4. Ascending trendline Support

Until then, I will be shorting it any opportunity I get! Will play the ranges in the descending channel .



good work!
+1 Reply
Nice chart! :)
+1 Reply
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