DeGRAM | GOLD growth in the channel

Updated
GOLD is in an ascending channel between trend lines.

The chart is moving from the lower border of the channel and dynamic support.

The price continues to hold above the 50% correction level.

We expect the price to grow in the channel.

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Note
snapshot
GOLD is in an ascending channel between the trend lines.

The price is moving from the lower boundary of the channel and dynamic support.

The chart has reached the 50% retracement level.

We expect the growth to continue after consolidation above the resistance level.
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Chart PatternsgoldanalysisgoldsignalSupport and ResistanceTrend Analysis

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