Prices have moved below the daily pivot but are still stuck and there is still a chance to continue the channel formed.
First Option: -Open a Buy position if the price moves up again above the pivot. -TP 1 at the first daily resistance -TP 2 at the second daily resistance -SL can be placed below the pivot or at the last low ($ 1199 / oz) -Wait for confirmation to open a position
Second Option: -Open a Sell position if the price breaks low and exits the channel ($ 1195 / oz) -TP is the second daily support -SL can be placed above the first daily support or some points in it -Wait for confirmation to open a position