Minor channel holds and gold falls. XAUUSD has touched S1 already. Need close below channel to confirm selling.
preference: BUY with target above 1142.00 1156.00 and 1162.00 points.
alternative scenario: A break-down level of 1142.00 will open the way to 1133.00 and 1129.00.
Analysis: Even without excluding the possibility of continuing attention of consolidation, it should be noted that it will be negligible.
Dear traders, I finished in the near future to develop a system for measuring the turn of the price point. In other words, not only the horizon but also vertical. I'm sorry for the inconvenience
preference: BUY with target above 1142.00 1156.00 and 1162.00 points.
alternative scenario: A break-down level of 1142.00 will open the way to 1133.00 and 1129.00.
Analysis: Even without excluding the possibility of continuing attention of consolidation, it should be noted that it will be negligible.
Dear traders, I finished in the near future to develop a system for measuring the turn of the price point. In other words, not only the horizon but also vertical. I'm sorry for the inconvenience
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