After breaking below both slide parallels of a downsloping median line, price in gold has retraced into a corrective structure to the broken levels where it was initially rejected. At the same level we have the 0.382 fib retracement of the impulsive downmove as a confluence. That's a nice level to sell gold with sl and tp as shown at the chart. Remember that if price reaches the first tp we move sl at breakeven at second position.
Trade closed: stop reached