Gold -- One leg downside possible before the huge upmove

Gold is in a parallel channel in Week TF. One leg of downside possible to $1580-$1600 for a big upside movement.

Sell Gold at $1880-$1850 for a $1600.

Buy Gold at $1580-$1600 for a target of $2200-$2500.
CommoditiesForexgoldtradingMCXparallelchanelParallel ChannelSupport and ResistanceXAUUSDxauusdanalysis

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