Gold Spot / U.S. Dollar
Short
Updated

DeGRAM | GOLD overbought

1770
GOLD is in an ascending channel.

Indicators point to overbought.

The chart has formed a harmonic pattern.

We expect a correction.

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snapshot
GOLD is in an ascending channel between the trend lines.

The price is moving from the dynamic resistance and the upper boundary of the channel.

The chart has formed a harmonic pattern.

We expect XAUUSD to decline within the channel.

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