XAUUSD (GOLD) Technical analysis

Again, I am with you with a special analysis, the magic channel that I drew in the previous analysis worked perfectly, now as long as this channel is not broken, we can expect movement in the direction of the green arrows, if the magic channel is broken, movement in the direction of the red arrows can be expected.

I have also indicated the resistance (purple) and support (red) Fibonacci levels in the analysis.

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