Gold can bounce down, after retest of support line

Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that price a few time ago price declined in a downward channel, in which Gold broke the 1930 support level and fell below it. But after this, the price rolled up, exited from the channel, and entered to support area, but after it touched the support level, it bounced down to the support line. Then Gold started to rise near this line and in a short time, the price broke the 1930 support level and even rose higher of the 1965 resistance level. Later price rolled down and fell below the current support level to the support line, but in a short time, Gold broke this line too. A not long time ago price bounced up and backed up to the resistance area and at the moment it trades near the resistance line. Possibly Gold can bounce of the resistance line and start to fall to the 1965 support level. Next, it can make a little movement and break the support level. After this, I think Gold can continue to fall, for this case, I set up my target at 1950. Please share this idea with your friends and click Boost 🚀