As shown, Gold now is about to move inside an ascending channel .. It needs to break 1300-1303$ level to complete it's way up-side.. If it closes under 1296 it might make a down-move to 1293, 1289, 1284 and 1277 respectively.. Now it's on a strong resistance which it needs a strong momentum too to break it.. We will watch carefully what can be the action Gold will make.. Best Regards,