Gold Spot / U.S. Dollar
Short

GOLD Broadening DownTrend Channel

124
price rejected perfectly from my last post at 1208.67

1st Scenario (high Possibility)
any break below 38.2% will bring gold down further to 1207
wait for breakout to confirm

2nd Scenario (low possibility)
break above 1229, up to 1240

happy trade fellas!

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