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XAU/USD Target Level: 1246.7400

XAU/USD Target Level: 1246.7400

Channel Down identified at 14-Dec-2018 18:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1246.7400 within the next 2 days. Supported by RSI below 40

Chart 1 hour
Pattern Channel Down
Length 94 Candles
Identified 14-Dec-2018 18:00 UTC