Gold ( the bulls are not strong enough to enter the channel)
as we see from the four hour chart , the price could not break the fibo 0 level (1982) and may move down to its first target (1970)
if it can break the 1970 it would move down to 19850 . till the price is under the 1982 the bears are stronger than the bulls .
if it can break the 1970 it would move down to 19850 . till the price is under the 1982 the bears are stronger than the bulls .