A big view since march 2020, once again gold moving in declining channel, it hit upper line and could not surpass it, started to decline stayed at strong support @1821. now it is forming H&S pattern, neckline is 1820 below it we will see 1790 in coming weeks. The support 1850 has become now strong resistance, hope price will touch 1848-1852 and will start to decline towards 1790.
A rising trendline will support it @ 1790.
A rising trendline will support it @ 1790.