Gold Spot / U.S. Dollar
Short
Updated

DeGRAM | GOLD reached the upper boundary of the channel

1 071
GOLD is in an ascending channel between the trend lines.

The price is moving from the upper boundary of the channel and dynamic resistance.

The chart formed a harmonic pattern, and after testing the channel it formed a long legged doji and a bearish takeover.

We expect a correction.

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snapshot
GOLD is in an ascending channel below the trend lines.

The price is moving from the upper boundary of the channel.

The chart has formed a harmonic pattern.

We expect a correction to the lower boundary of the channel.

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