ironballs

short term gold (auxusd) predictions

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Just based off chart analysis i believe the trend will stay within the drawn out channel and could face a few points of support and resistance within it but in the case that a break out is made i believe it will have a strong resistance around the 1330 range due to the fact that historically it has tested and retested that range over and over before going above or below it.

let me know what you think!
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