Hello friends today I have about discuss precious metal for the gold the gold are last few days selling drain continue but today are gold the chart and indicator are show the gold are oversold territory another one is the RSI are clearly show the gold is over sold category and clearly show the gold is short term bounds opportunity and last resistance point in a gold 1880 to 1900 gold are show the daily weekly and 4 hour time frame clearly show the short term bounds in a bottom and the major trend are gold in a weekly time frame for a trading in downtrading channel and a down trending channel lower band in a 1810 to 1820 in a bottom and the bounds for a gold upper end in a gold 1870 to 1900 the last few months in a gold trade in a channel trading range the gold are follow in this range so the gold create a short term bounds opportunity and this opportunity are idea for gold create a bounce trade for buy side but major trend in a gold for a sale side but other one is the fundamental R the precious metal not for a long time selling trend these are a always trade in bully side for a fundamental reason in a clearly inflation and micro economic data correlated in a gold currency the gold in a 1800 to 8020 1820 for a last bottom the bullish momentum create in a gold for a new high 2050 to 2200 but the weekly channel breakout is very very important for the higher level other one is gold or trade in channel trading range so continue fall further 1800 but gold are breakout in a channel and break the level 1900 so gold are very very bullish and then create a new high 2050 to $2200 but this discussion are further the channel breakout these times are idea bounce in short term buy opportunity only thank you