After strong bullish move I expect the test of previous resistance levels around $1300. 4 hour RSI is overbought, at daily we can see a bearish divergence and H&S pattern at 15 MIN was created. Impulsive down is very reasonable. Good luck!
OANDA:XAGUSD gives us a good long opportunity based on inverse head and shoulders pattern signification for bottom in mid term. Weekly MACD also turning bullish. Wee saw the strong price action last week also at OANDA:XAUUSD . It's a good opportunity take some long at 14.450 - 14.500 when we find support at 0.618 fibo retracement of last wave up.