Gold's Downtrend Breaks. Trap Ahead?

Story

XAUUSDTPERP is sitting at $4,119.81, barely moved on the day (-0.03%), grinding along the bottom of a descending channel that’s been in control since the May high near $4,554–$4,560. On the surface, that’s a straightforward downtrend. Under

Market at publication: BTC $64,189 · ETH $1,800 · Fear & Greed 26