Gold can reach resistance line and then start to move down

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 rebounded from the support line, which coincided with the 1945 level and rose to the resistance line of the wedge. Next, Gold started to decline and fell until below the 1905 level, thereby breaking the 1945 level too. Also then the price exited from the wedge and entered to upward channel, where it rose higher of the 1905 support level, which coincided with the buyer zone. Some time later, Gold reached to 1945 level, and a not long time ago broke it, and now price is traded in the seller zone near the 1945 current support level inside the upward channel. Probably Gold can continue to rise to the resistance line of the channel and then bounce down to the current support level. Then price can try to break this level and if Gold breaks it, that price falls to the support line of the upward channel. For this reason, I set up my target at the 1930 level, which coincides with the support line of the channel. Please share this idea with your friends and click Boost 🚀