Gold-The completion of the first descending wave

There can be many scenarios for gold
One scenario is that the first downtrend has ended in the 240-minute chart and the corrective movement of the price can be in the range of $ 1892, and in continuation the downtrend can be expanded for the range of $ 1645.
On the daily chart, we are expecting the downtrend up to the range of $ 1645.

( Daily Chart )