ChartSavant

Gold Analysis | 1-hour Timeframe

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently in an uptrend channel and has now reached a significant resistance and the channel's ceiling. Considering the news related to the dollar index and the fact that the dollar index is at a crucial support level, it's time for a potential move down to the bottom of the uptrend channel! 😅

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