|XAU/USD (Gold) : Medium term bearish channel|
--- Follow up analysis ---
I advise traders to trade only short positions as far as the price will be located below 1600 points.
In case of return above 1600 points, I would then advise traders to wait for a breakout of 1620 points before trading long positions.
|- Complete sheet of GOLD - Previous GOLD Analysis -|
|Chart of GOLD - Timeframe 1H|
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