Gold Parallel Channel and resistance levels
The price is moving sideways between the parallel channel.
If the price breaks the level of 1420. It may go to the 1350 level that also is an old resistance level.
Another interpretation, in case the price breaks the channel from above could be that it may arrive to the 1560 level.
If the price breaks the level of 1420. It may go to the 1350 level that also is an old resistance level.
Another interpretation, in case the price breaks the channel from above could be that it may arrive to the 1560 level.