At the moment, gold is travelling in between the 50% & 23.6% fib levels on the daily timeframe . This seems to me like a possible consolidation before a breakout. I believe, price will break the channel to the upside when the consolidation is done. This is because, when price had its sell off, there was barely any resistance in its momentum. Meaning, there wasn’t any strong support on the way down. Since price went straight down, it failed to created any support/ resistance areas. The nearest resistance is at the 1910 area, that’s where I think gold is going.

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nice idea bro,.the down!!
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