XAUUSD : taking profit from rolling in a channel
It reaccumulates in a large area at about 1490-1524.
When it tested a lower channel, it punctually went up like there's an invisible spring.
(but sure with a little prank of spring off to scare people out of their position)
And this's the same when it retested a resistance at about 1524.
It failed to break a channel and showed an existence of bear through candlestick pattern with upper shadow. RSI also showed the same sign it didn't break to overbought level.
So recommend short for briefly profit.
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