XAUUSD 2-month Channel Down eyes a final 1W MA100 test.GOLD / U.S. DOLLARFX_IDC:XAUUSDTradingShotGold (XAUUSD) has been trading within a Channel Down since the August 24 mid-Cycle Lower High. Right now it is trading below both its 4H MA50 (blue trend-line) and 4H MA200 (orange trend-line) and is technically on the pattern's third Bearish Leg since October 02. The previous two Bearish Legs had identical declines (both -8.82%) so another such drop would finally put the 1W MA100 (black trend-line) up to test, which is the market's multi-year Support. Our short-term Target is $3865. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇