GOLD (XAUUSD): One More Consolidation

Since Wednesday, Gold started to consolidate within a horizontal
channel on a 4H.

To buy Gold with a confirmation next week, wait for a breakout of
the resistance of the channel. It will initiate a movement higher at least to 2975.

Alternatively, a bearish breakout of a support of the channel can trigger
a local correctional movement at least to 2906.

Wait for a breakout, it will provide a reliable confirmation.

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