GOLD - Safe Heaven against all time High Inflation

Hello Guys,

I am publishing this idea on GOLD , we have a valid channel in which Gold is moving and after seeing the last close for this instrument my bias will be Bullish on Gold.

there are 2 scenario which I have marked in above chart, we will be reactive not predictive. If Gold remains in the channel we will be targeting 50$ from the current price but if the channels got broken than we can see further decline.

Thank You

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