Gold Sell Opportunity and Big Drop Coming..

For a long time, gold has been stuck in a triangle. Though several times there happened a fake breakout triangle, gold sustained.

26th of January, dols dropped from its long-term triangle resistance level and below its trendline support. But anyhow, it managed to stabilize its trendline support level and heading again to its trendline resistance level.

From the present rates:
Immediate resistance: $1828/1833
Trendline resistance zone: $1841/1845
;
As gold stabilizes above the trendline support, it is expected to test its strong resistance of $1828/1833 price again and break above $1883, the final target trendline resistance level of $1841/1845 zone. I expect gold to drop from any resistance zone ( Either $1828 or $1840) again.

On the other hand, immediate gold support: $1800
Trendline support: $1790/1780

Technically, as long as gold is above $1780, it can test its trendline resistance zone. But in case gold breaks below $1780, we may see a significant drop in gold. And I am expecting it.

Breaking below $1780 will open the door for $1750, the next target to the downside is $1720, and the final target to the downside is $1680/1685 zone.