khanzadiashkan7

Gold’s parallel channel has broken

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The chart was trapped in a bearish parallel channel until its broke from the top, so in this situation the next goal is the width of the channel from the breakout point. As it is obvious it has reached to the goal and here we should wait for the fundamental factors to see in which direction the chart would go.

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