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DeGRAM | GOLD pullback after rising in the channel

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DeGRAM  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Support and Resistance goldanalysis goldsignal
19
4
trendanalysis chartpattern supportandresistance goldanalysis goldsignal
GOLD instantly reacted with a decline on reaching resistance and the upper boundary of the channel.

The price made a sharp pullback to the area of the ascending channel.

We expect a retest of the upper boundary of the channel and then a pullback to the nearest support.


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