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Gold approaching top trend line

Oleh koppy
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Gold is getting to the top of it's price channel and is currently at a resistance level.
Nota
Price is still respecting channel, large wicking going on in both directions. In this situation I would wait for further confirmation from the price action before making a move, though the top resistance level seems to be holding.
Nota
MASSIVE success! Price followed the analysis almost perfectly and shot down. Price is now at a support level, watch for a reversal.
Chart PatternsGoldshortTrend AnalysisXAUUSDxauusdshort
koppy

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