FOREXCOM:XAUUSD   Emas Semerta / Dolar A.S.
Two overlapping price channels. Original range is black, secondary range is the coloured levels green blue & red all together.
Orange were resistaces from ATH.
Purple is a temp channel.

Cluster of resistances,
price spiked original mid channel resistance which was the same area as the secondary channels 3rd resistance & lines up with the short term purple resitance.
Previous 6 days have failed to close higher than 1868... Thursday or Friday could change that.

Penafian

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