Gold finally breaks the lower boundary of the bearish channel. The market is forming a 0.6% impulse drop and the price is testing 1914.4. Technical pullback may fix the price in the zone for selling after which the fall will continue
TA on the high timeframe: 1) Breakout of the range support forms a strong impulse. The way is open for a decline to 1892 2) Price forms a retest of the liquidity area. High chance of a rebound
TA on the low timeframe: 1) Channel support is finally broken. Price formed an impulse to 1913 after which we see a correction to retest the previously broken support 2) Most likely the price may test the old flat - 1923.8, form a false breakout and continue its fall in the direction of the trend. 3) It is worth paying attention to the level of 1923.9, 1930.9 to look for sell signals.