GOLD WILL GO DOWN AGAIN
Updated
hello guys welcome to the new week lets srart analysis . the price perfectly moved according my last analysis with more than +500 pips profit.
gold broke uptrend and fixed below that and moved in a descending channel .
now price is below ma200 and is moving in a range area
Support and Resistance Levels: The current price is close to the resistance level of 2707.56, which is a key level. If it can break above and hold, there’s a higher chance of an upward movement. But if it fails to break this resistance, the price might head back down toward the support level at 2668.58
gold broke uptrend and fixed below that and moved in a descending channel .
now price is below ma200 and is moving in a range area
Support and Resistance Levels: The current price is close to the resistance level of 2707.56, which is a key level. If it can break above and hold, there’s a higher chance of an upward movement. But if it fails to break this resistance, the price might head back down toward the support level at 2668.58
Trade closed: target reached
Target 1 achieved +140 pips
Fast profit
Note
Runnig to target2
+350 pips profit wonderful
Note
Big and fast fall +700 pips big profit 
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