Emas / Dollar A.S.
Pembelian

Gold finds strong weekly support

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The weekly chart her shows gold's fast uptrend channel set the parameters for its latest major correction (broader market crash).
The thick green line is the baseline for gold's multi-year bull market and more recent sideways market.
The horizontal green lines are multi-year support/resistance zones and we can see that the all-time high and various other peaks are in sight.
On the daily chart gold has bounced strongly off the channel bottom within the bottom support zone in preparation for a likely run at the high 1700s zone.


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