Still respecting the downward trend line resistance = red dashed

FX:XAUUSD   Gold Spot / U.S. Dollar
127 0 5
Updated chart, little price action yesterday, but price respecting the red dashed line. I'm now looking for this to show continued downward movement and pierce through that 1223.5 red line, this would give me confirmation of a continued move lower. A break above the red dash line may see upward movement and retest the solid purple line.
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