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GBPJPY-Trader

GOLD,Daily, Long

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
GBPJPY-Trader  
FX:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Parallel Channel
1
0
supportandresistance parallelchannel
Price in early channel climbing up.

There are two possibilites:-
1. Price market agressive
*Price will break through this channel and daily resistance(1236-1246)

2.Price market slow or not aggresive
*Price will bounce slow toward support channel and climb up through this channel
* It will take more time to break daily resistance(1236-1246)

My favour LONG for GOLD.
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