GOLD is consolidating between the resistance and support levels.
The market has reached the lower border of the ascending channel.
If the price makes a false breakout of the support level, we expect a bullish move to retest the resistance and 127.2% fibo inversion level.
We anticipate further consolidation until the market breaks through resistance or support.
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The market has reached the lower border of the ascending channel.
If the price makes a false breakout of the support level, we expect a bullish move to retest the resistance and 127.2% fibo inversion level.
We anticipate further consolidation until the market breaks through resistance or support.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
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🔻FREE Telegram channel🔻
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t.me/DeGRAMForex