RUT's sixth hit and GOLD

I expressed my concern about the 6th hit in yesterday's post. It happened on RUT today and it is breaking down. I expect a declining channel forming down to 925-940 area.

On gold, the channels I marked from my previous gold post here are still in charge. Since then another blue rising channel has formed. I have doubts that it will hit the upper band of the blue channel once more because we have strong resistance from the orange one. Even if it finally breaks it upwards, the upper band of the orange channel will be very strong and I think the decline will resume with strength from there on. Hope it helps.