I have all the trends on GOLD marked out with channels or rectangle.
Just check with the last on the right. Gold now is making a new downtrend channel and getting some support in last week. To drop down again inside the channel, the better plan is retest the upper line of the channel and turn down to next fibo position. And this is my plan :)
Any chance to buy gold is only to plan for a short-time correction unless gold break out the channel and make a new sideways price action.
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