UnknownUnicorn15614419

GOLD: a fall in a channel or a channel breakout?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
During the growth in the channel from the support level 1677.45, the price came to the resistance line 1861.05. And she began to fall in the area of this line (but did not touch it). I do not think that the price will touch the li but I expect it to fall right away. Now we can expect the price to fall to the support line - the lower border of the channel - 1827.94.

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