Gold Over bought Daily chart

Gold's been moving sideways for the past week after breaking through a strong uptrend channel previously. Looking Seriously overbought on the daily RSI too (which has also been trending upwards, and now the trend has just been broken). Looking For it to short to the bottom of the channel again within the next week. feel it could move up to 1292-1294 before dropping to anywhere between 1265-1270.