MCX Gold Guinea's Downtrend: Is This Just the Beginning?

MCX Gold Guinea is following a parallel channel since August 2020. Recently, it has touched the support trendline and started moving forward. Will it keep moving? How much? It will keep running for 37600 - 38000 levels.

But according to MA, Gold Guinea should keep falling. And for the following levels: 36800 - 36400 - 36000
commoditycommoditytipsfreecommoditytipsfreemcxtipsgoldguineaMCXmcxgoldguineamcxgoldguineatipsmcxtipsMoving AveragesParallel ChannelSupport and Resistance

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