Gold is nearing confluence zone and it will fall!

First thing we can notice is the high time-frame falling channel on Gold and it is now approaching the resistance of this falling channel which meets with a horizontal key level. This area will act as a confluence and I anticipate price to fall from that level. I would like to see price rising to the resistance of the falling channel and look for selling opportunities there with target at 1721 support level.

If you find this idea helpful please support it with likes. I will highly appreciate it.

If you have any suggestion or opinion, be kind to share in the comment section below.

Trade smart:)