GOLD TRADING CHANNELS

Last week Gold reclaimed the 50 dma and broke the resistance at 1090.
Friday´s Inside Day is suggesting a potential short-term pause
If the 50 dma holds the next move up should aim at the 200 dma = 1132
It will be interesting to see how gold reacts to a potential oversold rebound of the stock market
GOLD S&P
XAU_USD Gold _ US Dollar - Daily_20160117_163325
XAU_USD Gold _ US Dollar - N Hours_20160117_162908
XAU_USD Gold _ US Dollar - Weekly_20160117_163207