This is a good sign for GOLD to rally from 1218 where is a reflection point in the channel.
In the long term, gold has broken the uptrend line.
Therefore ,this is correction and tgt is back to touch the uptrend line.
Short trade can be waiting again there.
1218 THIS MORNING IN ASIA TIME.
70 pips,$7 for this long trade.
In the middle, gold could test 1215-1218 again.
Then 1233 wont b long.
1231 for the fisrt tgt .
BUT STILL HOLDING THIS LONG TRADE.
1235 AS SECOND TP HIT.
This trade closed for 170 pips, $17.
Took 4 days( including weekend) to finish.
if this is a sign of channel reflection , we want to see more candles.