Charles-OW

GOLD SELL

Short
As you can, gold has been travelling down two channels. It broke out of the minor channel and major channel to retest a key resistance. With the resistance being strong enough, it resulted with the price being pushed back down into the major channel. If we go by what we see, we can see the price being pushed back up to retest the major channel, this will most likely result with the price being pushed back down to the the bottom of the channel.