arongroups

XAUUSD - H4 ( video analyzing )

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
In the 4-hour time frame, gold is in a descending channel and is moving towards the ceiling of the channel at 1692. In case of a valid break of the channel, it can go up to the level of 1784, but in case of rejection, it will go from the ceiling of the channel to 1580.

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