Gold looking for direction

This is a short update on gold. The long term chart can be found in my previous post on gold here. Looking at the short term trend, the green channel seems to be in charge but the upper resistance has been hit 3 times already. The fourth touches are always alarming and this may happen very soon. Unless this channel is broken upwards, the first target is 1320 which is the lower band. If broken, the orange channel is the one to watch closely.