
🥇 Gold is moving inside a descending channel and is about to close the day with a reversal candlestick. The RSI is also relatively low, so we can expect a bounce to the upper border.
📈 The $1680 resistance line is what we are looking for. If you decide to buy now, your Stop Loss should be placed below the candle’s wick ($1620 area).
📉 Don’t forget to close part of your trade when gold reaches $1655 to make the trade risk-free.
💚GOOD LUCK💚
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