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Channel ABC Signal

2503 GOLD can it target 1600 now?

Hello traders

GOLD is bearish to us on weekly chart and any pullback could help it down to test new low like fibo 1.27 1600 later.

On 1h chart, it has been sidways for such long time.
It made a retest of the green line where it is also a 1h resistance zone . Can the retest of the green line be a good reason to sell?

This is our plan and waiting for entry signal to confirm.

Good luck!!!
LESS IS MORE!


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