Daily chart shows the consolidation channel's top range being challenged.
Technically it looks like a Ascending Wedge which usually resolves into a steep drop. With the non-convincing price action of Gold around the $1000 figure it hints we might have a false breakout. However I remain on watch for what goes next:
it's either 1.4550 or 1.1.4350 that would give direction.
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here is an alternative charting view - a parallel channel with projected Resistance top around 1.46. However I keep in mind the market made 3 Up-days and might need a recess. Again a break of 1.4550 or 1.4350 would clear this case.
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