Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD rebound from the retracement level

1035
GOLD is in an ascending channel between the trend lines.

The chart is moving from the lower boundary of the channel.

The price has already reached the support level, which acted as a rebound point and is now holding above it and the 50% retracement level.

We expect XAUUSD growth to continue.

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Note
snapshot
GOLD is in an ascending channel below the trend lines.

The price has already reached the lower boundary of the channel.

The chart maintains an ascending structure.

We expect XAUUSD to grow.
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