OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at the 4h chart for the last months and every time RSI has been close to 30 or below a new uptrend had started. Price has come back to the main trend and using the 200 MA as a support. So my guess is that the downtrend is done, we shall wait and see.
Comment: So this is what it looks like when you publish an idea from your phone. Doesn't look pretty. 😆