GOLD Heading to Key Resistance Level
Price has tested key resistance level of the channel. A move back to the downside is possible, as the US dollar gains strength.
Scenario One: Price moves higher to test the final resistance level of the chart.
Scenario Two (Support Test): Price falls to the support level of the channel.
Scenario One: Price moves higher to test the final resistance level of the chart.
Scenario Two (Support Test): Price falls to the support level of the channel.