MoodandMarkets

Classic backtest correction

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
After a volatile falling A-B-C correction and a breakout of the falling line, here is a backtest by a correction style.
It suggests me the gold will attack the upper line of the falling red channel around 1900.

If this view is true then the gold is not allowed to fall below 1856! We'll see.

Dear followers, I wish you Merry Christmas!
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