STILL DOWN

Gold continues its downward trend by forming lower and lower lows and highs.

Currently, the price is at RESISTANCE, so when I see confirmation on lower intervals - the formation of new lows on H1 - I will take a position.

Breaking through RESISTANCE may indicate strength to reach the MAIN RESISTANCE.

Target of declines is: KIJUN MN1 (support) and MAIN SUPPORT.

Negating the scenario: Breakthrough of MAIN RESISTANCE.