Gold parity level good support for now.
Outside of the arc pair, where price has corrected 45 degrees verticality (green support angled segment parallel to 1/1 angle), still showing strength for another push upwards. Current parallel resistance has been tested a couple of times and we’re close to the end of square time period from the Gann setup (reversals or spikes are common at those areas).
My guess is that price will take the purple dotted lines channel until the end of the time period.
My guess is that price will take the purple dotted lines channel until the end of the time period.
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