Gold can decline a little more and then start to move up

Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some time ago price declined to the seller zone, which coincides with the 1945 resistance level and at once rebounded up to 1985 points. After this, the price started to fall inside the downward channel, where it broke the 1945 level and fell to the current resistance level, which coincide with the resistance area. Then the price bounced up, exited from the channel, and entered to range, where Gold rose to the top part of the range and even made a fake breakout, but soon fell back and made correction. After correction, the price rose to the top part again and at once bounced down to the 1945 current resistance level. Later price broke this level and declined lower, and now Gold continues to fall, therefore I think that price can decline a little more and then start to move up to the resistance level. For this reason, I set up my target at the 1945 level. Please share this idea with your friends and click Boost 🚀