GOLD! The price is in the channel. A pullback to the upside? 🙈

GOLD has entered the channel after a deep false break and testing 1690 support. The price has been holding above the support level for a long time.

On the chart we can see that the price is trading in a range and there is potential to reach the liquidity zone of 1750. I think a fight between the participants is forming at this point and I believe the correction in this phase could reach resistance.

I assume that the price in the correction can reach the liquidity zone 1750 after fixing above the support.

Regards R. Linda!

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