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!