Gold can make small movement up and then continue to decline

Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some days ago started to trades in a triangle, where it bounced from the support line and rose to the resistance line, thereby breaking the 2070 level, which coincided with the seller zone. But soon, Gold turned around and in a short time declined until to support line, breaking the 2005 support level. Then price made a strong upward impulse from this line higher than the resistance line and support level, which coincided with the buyer zone, thereby exiting from the triangle and later entering to the downward channel. Inside the channel, XAU rose to the resistance line, but soon turned around and continued to decline in the channel. Soon, the price fell to the 2005 support level, after which it rebounded and tried to rise to the resistance line again, but failed and tolled down back. Now, I think that Gold can grow to 2040 points, after which the price will continue to decline to support level in a downward channel. For this case, I set my target at the 2005 level. Please share this idea with your friends and click Boost 🚀