Gold is moving sideways in the ascending channel .
The market is approaching resistance, but the price doesn't show us enough momentum to break the level .
Price action will most likely go down to retest the support level .
We expect a short term pullback from the resistance.
The market is approaching resistance, but the price doesn't show us enough momentum to break the level .
Price action will most likely go down to retest the support level .
We expect a short term pullback from the resistance.