Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD has consolidated above the trend line

964
GOLD is above the descending channel and trend lines.

After a false break of the support level, the price has reached the lower trend line and 50% retracement level, which coincides with the previous rebound points.

The chart has consolidated above the upper trend line.

We expect the growth to continue.

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Trade closed: target reached
GOLD has successfully reached the indicated resistance level.

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