GOLD - KEY ZONE REACHED | DESCENDING CHANNEL BREAKOUT OR BOUNCE?
- Gold has been respecting the descending channel for some time now and we have approached the top of the channel.
- Gold could either reverse back down and consolidate before breaking out upwards or potentially power straight through.
- As a result, a short position is placed with a tight stop should gold push through and breakout of the channel.
Aviso legal
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