GOLD: Consolidation

By DeGRAM
Gold continues to consolidate both above the resistance level of 1875.0 and above the upper border of the descending channel. It is too early to consider that this is a true breakout, but the instrument is in the buy zone. I expect gold to rise to 1958.5 after consolidation.
consildationGoldLONGmarketmakerpriceactionSupport and ResistanceTrend AnalysisTrend LinesuptrendXAUUSD
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