DeGRAM | GOLD correction from dynamic resistance

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GOLD is moving above the ascending channel between the trend lines.

The price has reached the indicated Fibbonacci extension level.

The chart has touched the dynamic resistance.

We expect a correction after the retest of the nearest resistance level.

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ملاحظة

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

The price is forming a triangle.

The chart is still under the resistance level, reaching which formed a bearish takeover.

We expect a correction after the retest of the dynamic resistance.

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