Simple channel readings of spot gold
Spot gold met predicted resistance at the top of multi-month and daily price channels. The only question here is how much gold will pull back.
A pullback to the previous resistance area (marked as pennant formation) might be a fair call in this bull run.
MACD and RSI levels would support this scenario.
A pullback to the previous resistance area (marked as pennant formation) might be a fair call in this bull run.
MACD and RSI levels would support this scenario.
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