GOLD break down the correction channel

GOLD break down the correction channel
and it's likely to heading down

1264.39 is the 0.618 level and after being tested
two times , the buyers failed to make new high.

In my webinar posted on last Friday, I have clearly
pointed out this level.

Now the direction is clear, our strategy will be
short the pull back.
this time I think Gold is likely to break 1200