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Gold (XAUUSD): Important Breakout & What is Next ๐ก
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Gold (XAUUSD): Important Breakout & What is Next ๐ก
VasilyTrader์
ํ๋ก์ฐ
ํ๋ก์ฐ
2022๋ 9์ 25์ผ
8
2
12
12
2022๋ 9์ 25์ผ
Hey traders,
Gold broke and closed below a key weekly demand cluster.
That violation is a very strong bearish trigger and it will push the market much lower.
Zooming in the chart, I spotted a falling parallel channel.
I suppose that the price will keep falling within its boundaries.
Next supports: 1600 / 1550
โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ
Candlestick Analysis
Gold
goldanalysis
goldidea
goldshort
goldtrading
goldusd
Parallel Channel
Supply and Demand
XAUUSD
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