Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see that price a few time ago declined below the resistance area, which coincide with the resistance level, but soon backed up and even rose higher them. Next, the price repeated this movement and then made a correction to the seller zone, which coincides with the current resistance level, and at once bounced back. But soon, Gold roll down and fell to the seller zone again, thereby making a fake breakout. Later price tried to rise, but after it touched the resistance level, Gold made a correction below the seller zone and at a short time bounced to the resistance line, where it started to decline. Price declined to support line, forming a downward pennant, in which Gold broke the 1930 level. Next price bounced from the support liner to the resistance line, but recently it bounced of the resistance line too. And now Gold trades near the resistance line and I think it can rise to the resistance line and then start to fall to the support line. Possibly, Gold can break the support line and continue to fall, therefore I set my target at 1905. Please share this idea with your friends and click Boost 🚀