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Analysing the XAU/USD chart on October 18, we: → Established a long-term upward channel (indicated in blue); → Suggested that the target for bulls might be the upper red line, drawn parallel to the red corrective channel. Since then: → The gold price rose to the upper red line and the top of the blue […]

The post XAU/USD Analysis: Gold Price Chart Displays Bearish Signals appeared first on Action Forex.

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