XAUUSD Channel Up still holding
Gold / XAUUSD is trading inside a Channel Up since the October 6th Low and the start of this fast and strong rise.
It has been having symmetric pull backs of -1.25% to -1.70% and appears to have completed the latest.
As lng as the 1964 Low holds, buy and target 2020 (+2.95% rise, same as the last two).
If it crosses under 1964, sell and target 1940 (1day MA50).
Previous chart:
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It has been having symmetric pull backs of -1.25% to -1.70% and appears to have completed the latest.
As lng as the 1964 Low holds, buy and target 2020 (+2.95% rise, same as the last two).
If it crosses under 1964, sell and target 1940 (1day MA50).
Previous chart:
Follow us, like the idea and leave a comment below!!
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