Gold price moved lower


There we have a Gold Daily Timeframe.

We clearly see that Gold formed a very technical double top and straight go back to the 1875.00 support zone. 

It seems like a whole descending channel retest.

If the price stays above 18750 support we can see the price to touch 1960.00 resistance in near future.
If it happens, the second strong resistance and all-time high are 2076.54. 

If the price will fail to stay above the 1875.00 support zone and go back to the descending channel, we can expect to price trading in the channel again.

Gold is becoming more attractive as a safe-haven asset.