4H has a possible inverse head and shoulder pattern forming. First shoulder in place and also the head. Where I mark the Support lines look for rejections and rising of price at the marked level. If price breaks and goes lower, setup is invalid.
Currently gold is consolidating on the 4H. It's also at a 4H strong resistance, price has lost buying momentum. You can see clearly where the buying candles got smaller while entering into resistance. Great time to short the market. Short at price 1842. SL 1846. TP 1812.