If downward structure holds on the Daily and 4H this will continue lower. There is also a H&F formation. Price is at neckline right now. Looking to short after break and restest of 1h structure around 78.46
Gold failed to break above previous daily rising TL. I think Gold will move lower and test the daily rising trendline since November. Aftwerwards, I expect gold to conitnue rising and break above $1310. Right now it is in a consolidation phase.