2005 P5/8 XAUUSD: 1240 should be a possibility for this month

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XAUUSD made a correction end on the red resistance zone .
This channel now has its 5th wave ongoing.
We were assuming a more higher high would come for a double top , but it did not happen.
Now on weekly chart, gold is showing another hammer for sellers.
Keep our last short trade signal on gold till tp1 (1273)which is quite close now.
Good luck for sellers!

LESS IS MORE!