Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: XAUUSD: Potential bounce at the Fibo 50 + channel bottom level!
The price for XAUUSD has been
moving down steadily for the past few weeks.
It is now forming a nice bull flag pattern.
The price is approaching the fibo 50 level which
also coincides with the bottom of the channel.
This could be the level to bounce. [/s2If]
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