As visible on the plot, oscillators indicate price of gold to move down and test tunnel first 0.618 then 0.5 fibo.
Comment
⋅
Green tunnel holds price of gold as suggested before:
In few weeks time second round of French presidential elections will be organised moreover, UK plans snap elections (3rd May 2017). That will be a time when price of gold may be pushed up or down depending of results. In my perception Macron and T.May will win in these elections.
The biggest bomb will arrive in autumn when parliamentary elections will take place in Germany. Keep your eyes open :)