Having just hit the pitchfork channel and the POC here, it looks like gold will retrace and extend from its previous uptrend to test the lower part of the channel. The R/R for this trade is fair enough to take the risk. Lower time intervals show some overbought condition that confirm.
Good luck and thanks for your comments.
Price has broken the sliding parallel resistance now that has had multiple touches. We are now at the minor resistance area of 2427-28. Look to see if price can break this and retest as support to continue higher to a minimum of probably the 2435 area. We see buyers at the pink acrrow, so price should continue to rise.