If the price tends to decrease, this scenario would be a good idea. When the price first reaches the origin of the strong movement, it is likely that the price will fall.
It seems that the upside down Weekly Head & Shoulder is forming. Also the price passed it's last High, as it's shown in purple box.
The price get to the cross of Weakly downtrend and the Daily uptrend. It will broken or not?
The price is around the support, and the H1 chart shows that the trend is making. So, it seems that the price tend to reach the TPs.
The H1 chart is making a trend to reach itself to the TPs.
The Weekly Trendline is Breaking, and The Price is Moving Toward The TP1 & Then TP2.
Gold Channel The Gold Price Is Moving down to Touch It's Channel Line
