My set of Sell orders well preserved / Selling sequence ahead

Since the #1,867.80 break-out point was compromised, the Price-action naturally spiked to the #1,890.80 Zone almost, mentioned on the previous commentary. Based on the August #3 Higher Low sequence, this zone is the new High and as both the Hourly 4 chart and Daily chart are critically Bearish and does not look too good for Buyers, I should Naturally expect a correction and Wall Street opening Bell offers a new Top, I may see quiet a Selling session ahead (within #2 sessions). The Technical answer is the Hourly 1 Support near #1,864.80, which has been always touched after every Lower High rejection. As negative news and speculations from Europe hit the markets (uncertainty, lockdowns and another virus outbreak), Gold is once again used as a safe-haven, but that state will not last for long. Fundamentally, Gold is weak and cannot overcome such patterns as it is overreacting to every DX and Stock markets movements. Below #1,865.80, strong Channel Down pattern enters aggressively into the final phase towards Gold's historic Low’s (below #1,832.80 Lower Low). However, if #1,892.80 (was Support now the Resistance) break, it will be quick spike towards the #1,900.80 psychological barrier and such outlook will provide me with additional Selling opportunity / entry in my favor. On Friday, DX broken the Support and was Trading on losses as Gold was and is Profiting out of that configuration, entering a small rally, visible on the charts. However, as soon as Stock markets reverse again, Gold should follow downwards (due to the DX as discussed). Technically the Channel Down has an upside limit on #1,906.80. If however #1,872.80 breaks first, I expect an aggressive take down to the #1,850’s level. As mentioned yesterday I believe the market will present the dominant move after Wall Street opening Bell. It is vital to understand that with the risks involved on a Weekly scale (Presidential elections), only if July's High #1,906.80 is crossed, Buying will feel secure and only until #1,917.80 (September Lower High). Daily chart demonstrates that this is a Investor Profit taking favored zone since March #2014 as I am still waiting to utilize Bearish momentum with another Sell opening. My margin allowed me to keep my position with far away Stop-loss, as my suggestion for Short-term Traders (smaller margin accounts) to keep away from the Markets and engage after the Elections.