Gold- Time for it to go back into its channel

XAU/USD
De-escalation in the Middle East should result in a reset.

We see from the charts that the rally has caused a long rally wick that the market will eventually fill in.

As long as no further escalation in the Middle East, I see this heading back into its daily channel.

I’m looking at 1490-1480 by end of next week, and 1400 after that.

Good luck traders.