Gold in trend channel

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
52 0 2
Gold             seems to be given up by Bulls so far, had a nice rally earlier, but it seems abandoned for Bitcoin             for a short while.

I have drawn a R1 with earlier resistance area also crossing the trendline , R2 is tops in recent time.

Gold             is still bought in large q by banks and governments, pressing it down, especially in COMEX.

I will look for CCI spike before fall, same in RStrenghtI