Looks like it might touch long term support line from last year?

FX:XAUUSD   Gold Spot / U.S. Dollar
162 1 1
Let me know if this makes sense....
I'm afraid that gold will rather touch the upper line of the channel as it passsed through the support zone around 1350.
So I think gold will test its May high which you marked with a blue arrow. Perhaps it will the continue to trend down within the old channel.
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