Gold Spot / U.S. Dollar
Short
Updated

XAUUSD Falling channel

94
XAUUSD falling channel and resistance level 1639.00.
Our Preference:
Sell positions below 1639.00 with target at 1622 and 1611 in extension.
Alternative scenario:
Above 1639 look for further upside 1650 & 1658 as targets.
Trade active
entry 1639

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