OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend is fading and volume doesn't support higher prices. So far the channel is thinning as well.

This is not fancy but a simply 1 day chart.

What I have learned that trend and volume should never be overlooked.

One can scalp up and down using the channel or short everytime it hit the upper channel line since more likely for a downside.

Support seems to be at 1199.910- so that's quite a bit far.
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