Gold is at a crucial point on the weekly timeframe. If we see a breakout we could expect a move to the ATH or yearly ATH at least. It will be imperative to keep an eye on the DXY as we know the correlation between the two.
The DXY is currently in a deconning channel. Also keep an eye on all the AUD pairs as it gets affected buy the yellow metals price. Fundamental's will definitely be at play here.
GoldgoldusdTrend AnalysisXAUUSD

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