Is the gold about to finish its downward correction?

Gold has started a downward correction since the beginning of September 2019 on the back of easing trade tensions between the two largest economies in the USA and China, where gold has lost since the beginning of the correction 4.2%

And that’s after a rise lasted nearly a year, gold has rallied around 28%.

Is the current downward in gold continue?

The following chart shows XAUUSD on the daily chart

Which shows that gold has formed a downward channel to move the current correction inside, which is different from the previous correction of gold, which began on February 20 and ended on May 30, during which the gold formed a wedge downward reversal trend.