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Gold: Descending Channel

XAU/USD, 1 hour    LONG Sep 14
A descending channel is diagnosed, XAU/USD needs a bullish continuation as a sign of a breakout. A descending channel is said to depict a chart formation that has a downward slope that spots a bullish move once price breaks out. XAU/USD violates bearish trendline to 1935 as extra rangebound not ruled out.
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