GOLD SHORT

We have a descending channel and with the indicators BB the middle line, and the EMA, we can clearly see the pattern will continue, at least until the orange box, because could be the next support, where we can find at 1622.564 the first, or the second one with the LL at 1616.888.

However take a look the the FED speech!!

CFDChart PatternsdollarfedGoldTechnical IndicatorsshortTrend AnalysisUSAUSDXAUXAUUSD

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