For several weeks now, gold has not made us happy with strong movements, and all this time it has been moving in FALL. I continue to stand my ground and expect a bearish move. After all, the price, no matter how hard it tried, was unable to break through the strong resistance level . At the beginning of the week, the price was able to break through the strong resistance line at 1770.77 – it forms a strong downtrend at 10H TF. Nevertheless, the price came to the resistance of the falling channel 1781.72. Therefore, analyzing all of this is a great time to sell. I expect the price to fall. will break through the line 1768.24, fix on it and continue to fall. So my final target is support line 1754.77.
GOLD FALL from RESISTANCE border of descending channel
