1008 US CPI will help GOLD make a new low down to ?

Hello traders,

First check with our last idea on GOLD.

Gold is not strong enough to turn back to upper band of the downtrend channel to make us a good selling position.
It turns back down after being reject by EMAS.

Now the new plan like this.
Keep selling but looking for a new selling position as I show on this chart.
Today on Thursday with US CPI, gold could possible make a new low down to hit the bottom band of the channel. Breaking the channel lower band could make it drop down sharply to FIBO ext 2.27 position which is round 1886.

Good luck on this plan.
LESS IS MORE!