Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Shies Away - Again
October 19, 2020 - (Gold Market Wire) - Gold has touched the top of the channel, and shied away, yet again.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/5f8d97b8017f66056bfa0994_Screen%20Shot%202020-10-19%20at%202.11.25%20PM.png)
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/5f8d98e7e0187512179cbea1_Screen%20Shot%202020-10-19%20at%203.46.29%20PM.png)
We're in the same position as most of last week. The downtrending channel is still holding us back... the trend line is keep us in the game. We'll probably resolve this soon...unless the upcoming election sends us into a freeze out.