Gold is under pressure and bearish move is more likely!

Gold made a fake breakout out of its descending channel and price eventually rolled back in. Due to the excessive strength to the dollar, we can expect more decline. I have also noticed that the yellow metal has a major rising trendline support that extends from August 2021. The bears will be eyeing this trendline. Will be going short on this instrument with initial goal at 1835.00 or close to that.

Please do leave a like if you find this idea helpful. I will highly appreciate it.