FX:XAUUSD   Gold Spot / U.S. Dollar
The gold price is being pressed into the tip of the triangle made of the lower band of the channel and the line connecting two previous tops. After the price reaches the tip at 1284 level, it will break to the upside, towards the upper band of the channel.

There is also a chance that the price will break to the down.

Good luck!
LimitFX

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.