Looking at the , we see a reversal pattern where a gravestone candle was formed at the multi-year resistance. The following day was a down day which confirmed the reversal sign. Therefore, it is likely that gold will go down if not breaking recent high at 1358-59.
Now while looking at the 4-hour chart, we see a potential pattern. If gold manages to break the pattern's neckline, it will go down to support at 1310 area.
Please note that if gold trades above 1358-59, the reversal pattern and the pattern on 4-hour chart will be invalid.