Hello traders, Gold in 4-hour timeframe, this analysis is prepared in 4-hour timeframe but is published for better visibility in 8-hour timeframe.
If the gold breaks its channel, it will climb to the red trend line and then start its correction to the 1770-1780 area.
And if the trend line is broken, scenario number 1 should be considered in the previous 4-hour timeframe analysis.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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