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$XAUGBP in channel - hitting resistance area

Gold/GBP (OANDA:XAUGBP)  
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OANDA:XAUGBP   Gold/GBP
Trend Analysis Chart Patterns Technical Indicators vipwealthcreation
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Gold is trying to recover. Still in the downward channel, now at a key resistance area as shown in the chart. Also has 50EMA confluence there.
Watch out for the action around this key zone. Can determine the direction based on breakout or breakdown at this key zone.

Idee correlate

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$XAUGBP - Gold continuing the uptrend
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$GFI - benefit from Gold bullish move
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Silver - XAGGBP - testing the resistance zone for a breakout
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XAUUSD - watching how it acts at previous support zone
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