Gold tested downward trend line for the fourth time in daily time frame which indicates that we are bearish on Gold. in 4H TF Gold retraced back to 78.6 fib where it found resistance in daily time frame downward trendline indicating bearish confluence for Gold. Last week Gold retraced back to 38.2 fib and its stuck at that price range. I am of the view that Gold is still bearish except a Candle opens and closes above the 38.2 fib. Currently, I am holding onto this trade from last week, holding to 1754 if 38.2 fib holds. I shall give more update if my bias changes. See you in my next publication.