XAUUSD Analysis

Hello traders, as shown in the chart there is a very strong resistance area wich price make shadows multiple times when reaching it and in the last attempt to reach this area again, price made a very sharp move in the begining but lose it's power to break it and it is very likley that resistance will make the price to go down from here and to reach support level that is shown in the chart.I Hope you can use this anaysis to help doing your own analysis