DeGRAM | GOLD collapsed to the demand zone

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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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Trade chiuso: obiettivo raggiunto
Trade closed: target reached
Chart PatternsgoldanalysisgoldsignalSupport and ResistanceTrend Analysis

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