Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD the correction is over

770
GOLD is moving above the descending channel between the trend lines.

The price has reached the 50% retracement level of the bearish momentum.

The chart maintains the reversal movement after the AB=CD pattern formation and also broke the downward correction structure.

We expect the growth to continue after a possible retest of the trend line.

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Trade closed: target reached

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