if gbp usd break this old channel again. there will be huge sell opportunity
gold has been trading in bearish channel but bullish channel is building inside. everything depends on 1478 resistance level two channel has been fighting each other who will win will lead the trend down trend will remain or end with bullish trend from here
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gold is trading down between trade lines with 1478 being as major resistance.
price targets for buyers 1.4571 1.4346 1.3952 1.3685 1.3454 1.3168
FX_IDC:GBPUSD It doesn't matter boris jhonson wins or not but one thing is clear he going to get maximum vote that will lead gbp to buy trend
it doesn't matter you are intraday trader or long term investor. you should always know where you are trading. these are gold all time high fibonacci retracement points. Many big bank are still forecasting for $1600 price. A good trader must know where he is trading
Gold has been osculating between this channel for two days with good opportunity for earning $100 in a day easily.