Gold has stopped by the middle line of the recently established ascending channel, while traders showed some kind of hesitation around the sensitive level of 61.8% Fibonacci as seen on the provided daily chart. Eyes are on two levels at 1208.00 and 1194.00 and a break of one of them will define the next big move. Of note, RSI and MACD couldn’t give off confirmed signs for resuming the positivity forcing us to remain on the sidelines.