This analysis uses daily timeframe, and here are some reasons to support seeking a sales position: 1. Currently XAUUSD in bearish position 2. The price in bearish resistance 3. The price also in fibonacci retracement area 78.6 4. The price has the potential to develop a pattern AB=CD
So, we can wait to seek a sale position like waiting for bearish candlestick pattern. Notes: This is not a recomendation to buy or sale, this is my own analysis. So, all all responsibility is yours.