arashmjb

GOLD ready to go up to 1960-1966$

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After the head and shoulder pattern that formed before and the decline that occurred, it can be seen that the price of gold is moving in a descending channel with a gentle slope.
It seems that the price is approaching the ceiling of the drawn channel and between the range of $1960 to $1970 we can expect the formation of reversal patterns.
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