DeGRAM | GOLD holds the upward structure

GOLD is in an ascending channel below the trend lines.

The price is moving from the upper boundary of the channel and is now approaching the 38.2% retracement level.

The chart maintains an ascending structure.

We expect a retest of the support level with a possible reaching of the lower channel boundary and further growth of XAUUSD.

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Chart PatternsgoldanalysisgoldsignalSupport and ResistanceTrend Analysis

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