asharifan

Gold price has respected top of its short time downtrend chanel

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OANDA:XAUUSD   黃金現貨 / 美元
MA 20 and MA 50 has been touched by gold price in Daily timeframe. This happened just below the top of its downtrend channel.
In the other hand , we have up trend signal for USD index.
I think we will have a nice pinbar in top of channel and we can have downtrend for Gold at 1st to MA100.

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