With the special way Gold respects these technicals, so far it has found resistance on the intraday downward trendline 4 times and looks to get the touch for the fifth time as it retraces towards the 1922 zone and there to find the 50% level of Fibonacci and possibly it will drop in continuation, failure to follow suit we can expect the retest of the 1934 zone.
Chart PatternsTrend Analysis

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