DeGRAM | GOLD formed a declining top

٧ فبراير

GOLD is in a local descending channel between trend lines.

The price is moving from resistance at $2870 and the upper boundary of the channel.

The chart is holding in the channel and trying to form a descending top.

On large Timeframes the indicators indicate overbought.

We still expect a correction.

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١٠ فبراير

أغلقت الصفقة: تم الوصول للهدف

GOLD had time to reach our target before continuing to rise.