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RedRum3X
Apr 26, 2020 11:25 PM

Gold Trend and Channels 

Gold FuturesCOMEX

Description

We have strong 2011 resistance line along the top shown purple. We broke that and close over it. We definitely getting back there. When ? Look for behavior in the channel drawn. That will show you short term where to go with it. If we bounce off the channel or tick up towards that 2011 line we are long, otherwise closing solidly under that channel look to go to the blue support line and up from there
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