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Gold Bearish Development

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
From the chart, we can see that the price is moving within
a bearish channel for the the past weeks.

Price already created a strong resistance zone near 1968 and continue to hold which is a clear indication that this bearish movement will hold.

The last zone of support will be near the base of the channel after completion of the bigger WXY and it's internal degree abc.

hold your short position or open a short position at a god entry point with your target at 1888.36

Good luck

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