GOLD - Volumes + Resistance Zone indicating short term pullback

- As shown in the chart Gold appears to be trading within a short term ascending channel confined by an upper and lower resistance and support trend line

- As can be seen in the volumes chart above, the volume on this rally today has reduced when compared to the volume seen on the rally the day before

- As well as this reduction in volume, price has now encountered both the ascending channel's resistance trend-line as well as a significant R/S zone

*** These facts lead me to believe we may see a short term pullback to the ascending channels ascending support line at the least. I will be waiting to see the reaction at this point