Gold - Sneaking out the downtrend Channel, Upside Next

Gold has clearly broken the downtrend channel, and bottomed out... Now, its preparing to climb higher

Trade active:

Major Accumulation day at the bottom of the day

Comment:

This morning we have a bit of shake out, as the institutional buyers were aggressive to shake out any new supplies in the market. As the supply test was over, and the business is done, we can expect now Gold to resume higher..