The price is currently located at the lower boundary of the uprising range. We will closely monitor the price action and open positions for GOLD after enough confirmations have been provided. If the price manages to break the lower boundary of the channel and re-test the broken structure, we will be looking forward to opening SELL positions and aiming for the area identified on the chart. On the other hand, if the price forms a nice bottom and prints powerful bullish candles, we will be opening long positions and aiming for the $1830 zone of crucial resistance.