Gold is moving in a descending trend

The Gold price is trading in an descending channel since reaching the all time high in August last year. Gold price is repeating what happened in January when the chart after completing the 5th wave where it fell to the bottom of the channel. The price now is forming another 5 wave pattern, after which it will start falling.

Chart PatternsGoldgoldanalysisgoldforecastgoldideagoldusdTechnical IndicatorsTrend Analysis

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