Hourly highs are consistent with that channel but lows are creeping up to create consecutive rising wedges?
The longer view looks okay, but it wouldn't surprise me if it bounces again to test longer term support around 1220 - it all revolves around that ~1240 zone I think (which is probably why it saw a hard break overnight before coming back down? Lots of eyes on Gold I assume in the current market). If it bounces it'll be the third failed test, if it breaks it'll need to come back and re-rest it as support before confirming the trend continuation?
