Gold has been moving inside the channel, as reacted some times. The .618 fibo level can act as a support to push the gold to the top of the channel and the 1 fibo level as a target(2315).
It is possible to decline from that point, otherwise in order to breack the top of channel, another rise toward 1.618 level is pissible
It is possible to decline from that point, otherwise in order to breack the top of channel, another rise toward 1.618 level is pissible