EmpowerTrader

GOLD Heading to Key Resistance Level

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Price has tested key resistance level of the channel. A move back to the downside is possible, as the US dollar gains strength.

Scenario One: Price moves higher to test the final resistance level of the chart.

Scenario Two (Support Test): Price falls to the support level of the channel.

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