Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD rebound from the retracement level

335
GOLD is moving in an ascending channel between the trend lines.

The price has reached the lower boundary of the channel and the support level coinciding with the 50% retracement level.

We expect the growth to continue after the breakout of the dynamic resistance.

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Trade closed: target reached
GOLD reached the resistance level and successfully closed our target.

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