Gold can continue to fall and reach support line of channel

Hello traders, I want share with you my opinion about Gold. When observing Gold, we can see how after the retest buyer zone, the price began to rise and broke through the resistance level 1935. After the breakdown level 1935 Gold continued to rise and made several fake breakouts the next resistance level, but come back and to decline. Over time, the price has created an upward channel and is now trading inside. We can also see how the price re-tested the support line of channel, started moving up, and broke through the resistance level 1990. Recently, the price re-tested the resistance line of the channel and began to decline. Gold is currently trading below the resistance line and can continue to fall. I think the price could break through the current support level and drop to support of channel. In this case, I set two targets for Gold, at level1990 and at level 1960, which coincide with the support line of channel. Please share this idea with your friends and click Boost 🚀