GOLD Upside In a Channel
Gold is slowly recovering after its quick decline last week. Now, it seems that the price is reversing from the lower trend line of the channel, marking the way for a new uptrend.
The most risky trade would be to wait for the price to touch the upper trend line. A more conservative approach would be to wait for the price to reach R1, the last high. Happy trading.
The most risky trade would be to wait for the price to touch the upper trend line. A more conservative approach would be to wait for the price to reach R1, the last high. Happy trading.
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