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Gold- Time for it to go back into its channel
Emas / Dollar A.S.
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Gold- Time for it to go back into its channel
Oleh Grizz01
Ikuti
Ikuti
8 Jan 2020
1
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Cheer
Cheer
8 Jan 2020
XAU/USD
De-escalation in the Middle East should result in a reset.
We see from the charts that the rally has caused a long rally wick that the market will eventually fill in.
As long as no further escalation in the Middle East, I see this heading back into its daily channel.
I’m looking at 1490-1480 by end of next week, and 1400 after that.
Good luck traders.
Chart Patterns
Technical Indicators
regression-trend-channel
Trend Analysis
XAUUSD
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