Gold can reach resistance line and then bounce down

Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a not long time ago reached the seller zone, which coincides with the 1965 resistance level, and even later broke this level and rose to the 1980 point. After this price rolled down, below the 1965 level, and soon it bounced back and even made a fake breakout, but at once started to fall. Also, Gold entered to downward channel, in which the price declined firstly to the 1930 current resistance level, but soon gold broke this level, which coincide with the resistance area and continue to decline. Now price continue to trade inside the downward channel and I think that Gold can rise to the resistance line of the channel and then bounce down and start to fall to the support line. Therefore I set up my target at the 1900 level. Please share this idea with your friends and click Boost 🚀