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The price is approaching settlement in the daily time frame, which could be a sign of a sharp drop.
4
If Gold can close above MA50 in 4H timeframe, it is a bullish signal and can reach 1848$ in its next step.
9
Gold seems to be able to lift itself from the bottom of the bullish channel and reach the recent ceiling again. 1833$ is the target and the stop should be slightly below the channel floor.
4
Hi. Please like this idea if you like it. Thanks. :)
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