GOLD:There has been a strong breach through the bottom barrier of the channel which is forming on the daily chart. The 4 hour chart is showing that the bearish move has completed a full bar beyond the barrier, and the downtrend is now accumulating steam. The momentum is bearish again as indicated by all oscillators. Forex traders have a great chance of swing into what appears to be a very strong technical pattern. The next target price might be 888.00.