OANDA:XAUUSD   Gold Spot / U.S. Dollar
As simple as that just because a big size of pendingorders in market thats why market reject the level and as you can see market is totally in down trend for next 1 month
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.