Gold can make correction and continue decline

Hello traders, I want share with you my opinion about Gold. By observe the chart, we can see how the price retested the resistance area 1980-1985 and began to decline. After a deep upward correction, Gold dropped to support level. The price tested the support level, increased, and traded higher for a while, after which it to fall, make a fake breakout of the support level and began to move up. Over time, Gold formed an upward channel in which it traded for a long time. The price retested the resistance line of channel, which coincide with the resistance area, began to fall, and broke through the support line of channel. After leaving the channel, Gold continued to move downward and is now below the current resistance line. I think the price can continue to fall after a small upward correction. In this case, I decided to set the target at level 1956. I will update this idea for you as soon as the market situation changes. Please share this idea with your friends and click Boost 🚀