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majidhossine

confirmation of the return of the intraday downward trend

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
majidhossine Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Trend Lines Multiple Time Frame Analysis
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supportandresistance trendline mtfa
Personal opinion of gold technical analysis:
The price hit the middle line of the ascending channel and a partial return from the price of 2089.740 was shown, if there is a confirmation of the return of the intraday downward trend, the price will move towards the demand range of 2024.144.
Trade closed: target reached
Comment:
Personal opinion of gold technical analysis:
The price has reacted back from the demand area of 2030.173. In the short term, the price may rise to the supply area of 2080.000.
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