The golden 4 hour line is still in a big descent channel, with two important resistance positions, 1278-1280 and 1288-1290. The individual is still prone to short selling, but the wave is 1260, starting with a 4 hour rebound. A large candle gathered a lot of buying intervention. Next week the focus on the 1278 and 1288 resistance near 1278 is near the drop along the channel, if the place was stagflation, can short admission. Target low.