XAUUSD - Gold Spot

Now and according to the shape of the chart
It has left its long-term uptrend channel and is breaking into the channel while Pullback
If return to the channel, it can have a good upward trend
If it can not return to its channel, the downward trend will continue

Close view in 4 hours

* The current trend is similar to the bitcoin trend

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For the third time, it has gone to the failure of resistance. If the high price of the bullish channel is maintained, it can continue to grow up to the middle line of the channel.
If can not stay on top of the channel, the first and second level support are good goals for the short position