XAUUSD

Gold Spot Trade Idea

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Price retraced of the Higher Boundary of a Descending Channel and crossed the Mid Line to downward. Currently the Mid Line serves as a resistance and if we have a confirmed rejection we can initiate a short position

Also if price cross the Mid Line to upward we can initiate a short position of the Higher Boundary of a Descending Channel , i case we have a confirmed rejection

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