Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD will continue to grow

722
GOLD is in an ascending channel between the trend lines.

After reaching the upper resistance level, the chart went into correction and after reaching the lower channel boundary and 62% retracement level.

The price is moving from the support level, which coincides with the 62% retracement level, as well as from the lower trend line and the lower channel boundary.

We expect the growth to continue in the channel.

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