Gold did a 78.6% retracement and broke out of it's 4hr channel to the upside, which turned out to be a bull trap as it's back trading lower into the channel.. Support is at 1296 and i expect that to hold, if it doese't it could trade lower to 1260
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.