The downside break in prices is a possible opening for the re-entry on the downside. Watch for the risk level to hold. If prices do not re-enter back into the channel in the coming few hours, the downmove should sustain
If one has to choose one asset class for the year 2018, this has to be it. An underfperformer from the equity markets for the past few years. Gold is poised to breakthrough & outperform the equity markets in 2018.