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Jushan

Break out of Green Zone will decide the next move, Short Biased

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
Jushan Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns structure Gold XAU XAUUSD
5
0
trendanalysis chartpattern structure gold xau xauusd
1 Hr chart forming a nice upward channel which can be invalid once gold drops below the red trend line. If breaks below the green zone it will find the support on the blue Trend line between 1810-1817 and possibly then will make a move back up.
If price goes above 1830 , 1837 is next. 1848 can be expected

Disclaimer: Not a Financial/ Trading Advice
Comment:
It has gone below 1817. Watch out if it goes below 1810. Could fall further.
Comment:
Good retrace up, watching 4Hr candle. Looking good for long bias. 1825 and 29 is next to takeout for further upper targets.
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