Gold 4h and 1h

Gold 4h chart:

Gold 1h chart:Basically these are one and same chart. Gold found support at the $935 blue line, thats parallel to the previous channel. Grey lines shows the downtrend. Formal support act as resistance now and the price have difficulties to go tru $946 level.

One possibility is over time, the blue lines will raise, and the gray line will drop. Then they will "meet" at let say $948 where the the gold price will hit the immediate term peak.

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