OANDA:XAUUSD   Gold Spot / U.S. Dollar
TWO SCENARIOS COULD COME INTO PLAY HER ON GOLD......WE CAN SEE PRICE IN A DESCENDING CHANNEL ON THE DAILY CHARTS....AND ITS CURRENTLY AT THE RESISTANCE TOP OF THE CHANNEL...MY MAOR CONCERN IS THE FACT THAT THERE IS AN ASCENDING CHANNEL FORMING AT THE RESISTANCE TO OF THE CHANNEL....AND GIVEN THE FACT THAT GOLD IS GOLD IT MAY RESPECT THAT ASCENDING TRIANGLE AND BREAK OUT OF THE CHANNEL

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