Gold remains in the downward channel.

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Currently, we can see where gold has stopped. Initially, we assume a reflection from the designated level, but keeping the finger on the trigger. In the current situation, it is possible to both break the rate to support around 1847 and break the channel up.

However, from the previous experience of gold moving in the channels, we assume a decline and a breakthrough in the lower part of the channel. But let’s remember! The market is changing! It is impossible to constipate when the graph shows something else.