GOLD SELL SETUP- Parallel channel breakdown

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Gold is respecting a well- defined downward parallel channel repeatedly rejecting the upper trendline (see red arrows) the price has once again touched the top of the channel around 3317
signaling a potential short opportunity.

TRADE IDEA: Entry point 3317;
TARGET: 3260;

Strategy Summary: Sell the rally, ride the channel'
this idea offers a clean short setup with low risk and high reward
Watch for conformation candles before execution.

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TEAM: PRICE ACTION MATRIX

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