Gold testing the channel for the fifth time

1 mins well spent

Gold Descending Channel Analysis

Gold has reached the top zone of the Descending Channel for the Fifth time in the 4-hour time frame chart.

Please be patience and wait for the confirmation of breakout or reversal.

As the US Stimulus package made the US Dollar weaker now.

Only 13 days left for US Presidential Election. US markets will be more volatile around these times.

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