Gold is trading in a minor bearish trend on a daily.
Lower highs are perfectly respecting a falling trend line. After the last test of that, the market started to consolidate on a 4H time frame within a horizontal range.
Bearish breakout of the support of the range is an important sign of strength of the sellers. We can anticipate a further decline next week. First goal will be a current local low - 2006.
If the price violates that, we can expect a movement lower at least to 1990 level then.