DeGRAM

GOLD growth from strong support

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold continues to move in a downtrend.
During this trend, movements are characteristic: rise-fall-correction.
After the breakdown of the resistance level 1872.10. the price moves in the channel.
It clearly touches the channel lines.
After another fall, she came to support.
This is the August 2020 line.
From her, I expect growth to resistance.
Target - 1818.27

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