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Gold bullish run

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With bulls really flexing muscles here on Gold, I have plotted Fibonacci Projection levels and a channel to get an idea of where the price might go and where it might find a bit of resistance. I will see the areas where the channel lines and Fibo projection lines intersect as areas of importance.
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After price reached a Fibo projection level, and failed to make it to the top channel projected line the bears stepped in to push prices lower, breaking and up trendline.

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