XAUUSD

Hello traders ,what do you think about GOLD?Gold supported and grew as it reached the bottom of the descending channel.  It is expected to fall again to the bottom of the channel after reaching the resistance zone.
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About 100 pips of the activated zone are in profit. Manage your trade. FOMC meeting can have high volatility.

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The movement of gold this week was back-and-forth and boring, since today there is no important news in the economic calendar that will drive the price of gold, it seems that we should wait for next week.