DeGRAM | GOLD consolidation to resistance / Fall

The price came to the border of the falling channel 1802.38.
This channel was formed in July after a sharp rise in prices amid a fall.
The only breakdown of the channel occurred at the beginning of this year (riots in the capitol against the background of the elections).
Otherwise, touching the resistance led to a fall in prices.
At the beginning of the month, the price increased from calling support 1684.17.
And last week it touched the resistance 1802.38.
After the first touchdown, the price rolled back but returned to the line.
Now it stands at 1792.73.
I expect the price to fall after the second touch.
The target is 1722.74.

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