This how i see gold for me gold was in a long term corrective trend so usually any channel decending will make price break north and if price is acending price breaks south so i strongly feel like gold will sell for days or weeks then bounce up and it didnt give me any third touch on my upper red trendline and it didnt make any third touch on my downward bred trendline usually a third touch predicts breakout direction and on my point and figure chart gold is moving 4 x 2 ratio
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