DeGRAM | GOLD reached the lower boundary of the channel

4 Nis

GOLD is in an ascending channel between the trend lines.

The price has already reached the lower boundary of the channel.

The chart is forming a descending structure and is holding under the 50% retracement level.

We expect the decline to continue.

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7 Nis

İşlem kapandı: hedefe ulaştı

Keeping the descending structure, GOLD not only reached the level we expected, but consolidated under it!