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Gold Spot / U.S. Dollar
Long
Updated
Aug 6, 2024
DeGRAM | GOLD collapsed to the demand zone
2
1
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2
2
Aug 5, 2024
GOLD has exited the ascending channel.
The price dropped to the demand zone between 62% and 78.6% retracement levels.
The chart is forming a pattern AB=CD, it is necessary to watch for the end of the pattern formation at the lower boundary of the current zone.
We expect a rebound after retesting the support level.
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Aug 6, 2024
Trade closed: target reached
Trade closed: target reached
DeGRAM
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Also on:
Chart Patterns
goldanalysis
goldsignal
Support and Resistance
Trend Analysis
DeGRAM
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🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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