HelenP. I Gold bounced of resistance zone and can continue fall

Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see that price made a strong downward impulse from resistance 2 and declined to resistance 1, which coincides with the resistance zone. After this, Gold tried to grow but failed and started to decline inside the downward channel, in which firstly price fell to resistance 1 again. At a short time, Gold broke this level and fell to the support line, thereby declining below the resistance zone too. Recently, the price tried to back up to resistance 1, but it didn't can be fixed and fell back down. At the moment Gold continues trades below the resistance zone and maybe it can make a little movement up to this zone and then continue to decline. As well I think the price can break the support line, thereby exiting from the downward channel, for this reason, I set the target at the 1900 level. If you like my analytics you may support me with your like/comment ❤️