gold makes a nice corrective structure on a daily chart, a big move up starts from 2001, since 2011 it makes a correction and when it breaks the correction it will be move on to upside
Good LUCK
Comments
pmcllc
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according to that trend line it could go down to 1000s!
TPOTrading
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Great reminder of the channel..thank you
Subjugal
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Do you think, Gold could go down 1200 to 1180 once more? Dax and Dow Jones seem to be very high and might go down, so Gold could go further up.
ReneK
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True, when it breaks the above trentline it go up, but a down move is possible