Gold 4h

The development of gold price was very unexpected. The price "cut" the 3 resistanses (blue and grey lines) and stopped in the middle of nowhere ;) . From there the price began correction and it will be very important where this correction will end.

Now the price may find support at the blue lines (objective $987) or may fell back in grey channel (only upper line is shown, objective $937, then $922).

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