The levels i marked are levels of strong price action signals indicating past price action and are levels which acted as support and restistance.Which than i spotted a down trending channel which is not broken as yet and of which we are estimating the 3rd touch of the trendline to the up side which means be on the look out for buying opportunities in smaller timeframes.if price reaches the 3rd touch it could possibly turn or break we dont actually know as yet guys but if it turns from the 3rd point of price it could possibly indicate a sell in the future thats gonna head for the 3rd touch down the trendline where i got that circle wgich indicates point of interest in future either way as youll know gold is dropping soo be on the look out guys
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.