Gold Soon Hitting Channel Resistance: Next Step?

Since Gold's low Nov 30th, Gold has seen some strong growth. However, soon it will hit the upper resistance of the descending channel. Where too next?

Gold will see another 1%-1.5% growth in the coming week. What will happen after depends totally on investor's risk appetite. Before entering a trade, I'd advise waiting for trend confirmation. I'll make another post when the time is there.

For now, have some patience and let Gold do its thing until it's close to the channel resistance.