Gold testing the channel for the fifth time

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.

Trump Vs Biden 2020 Election with U.S Flag

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

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It is better to do nothing, instead of taking wrong trades.

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Don't trade all time, Trade Forex only at Confirmed Setup