Basically gold is in the bullish channel on 4h and daily, gold prices moved very strongly on January 19 , broke through many resistances, including strong resistance at 1832 .Trade your plan, Plan your trade.
Reason : A resistance level has break and has become a new support. Also, there is trendline.
Technical : A support level has break and has become a new resistance for the price to go down News : from CNBC Treasury yield has make a new high from the last two years. USD is expected to be strong
gold still ranging on bulish chanel on 4h and daily, trade your plan..plan your trade