Gold in need of a breather retracement bringing price $2200
With Gold trading at record highs, it is in need of a breather. It parabolic rise is astounding but is a healthy retracement to the breakout point of the parallel channel is healthy and expected.
We see price retracing back to the $2200 ish price target and then bouncing back to making new all time highs.
We see price retracing back to the $2200 ish price target and then bouncing back to making new all time highs.
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