After breaking down under neckline of the small pattern, price retested the small pattern’s neckline then fell to 1408. That was also a breakdown under neckline of the big pattern. After finding support at 1408, now gold is recovered to test neckline of the big pattern. If gold is unable to trade above neckline of the big pattern, it will likely to fall further and break support at 1407-1408.
There are two targets to consider if breaks support at 1407-1408. First target is the support at 1400-1403. If 1400-1043 can’t hold, look for lower support at 1385-1388.