GJ today with the News, broke out of the Uptrending Channel where it has been for the past days. Now I see 2 scenarios:
a. It retests the Channel and dives down
b. It breaks back into the Channel and continues the Uptrend
Gold is forming a flag since yesterday in the hourly time frame. The flag is close to a strong Supply zone so it could jump up to the zone or fall down as long as it breaks the flag pattern. I would wait for a strong candle signal to hit an order.