FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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We are in the lower part of the Keltner channel (mul2) in 1 day chart, which is indication for further downside. Maximal reversal at this level is the middle of the channel - 1316. The current lowest part of the channel is 1288, but will go down on future.

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go down on future?
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fhsk2001 faronf
@faronf, Yes, but not in the straight way, but as always with zig zag patterns.
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