GOLD BIAS: STTONG BUY

Gold is going up strong within the channel. This analysis is based on the daily timeframe. An inside bar candlestick pattern has formed in the daily timeframe which shows the bullish continuation of the market. Put your stop loss below the small horizontal line and target the high of the market for the first profit, the 8011.01 level. If the price breaks this level to the upside, then the next take profit will be the 1872.25 level.