GOLD broke down from daily trend line

We have 2 important breakdowns on daily chart.

#1 Bearish flag breakdown, Technical target of that is $1774.74

#2 Ascending trend line break down, Technical target of that is $1795.92

Price is trying to breakdown from golden ratio level 0.618 which IF breaks down then most likely are going sub $1800 levels.

GOLD seems very bearish for mid-term because on daily structure is changing from higher highs/higher lows to lower highs and lower lows which suggests that gold trend is shifting from bullish to bearish.

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