As you can see gold price break 2017 and create new lower low At the price 2014. New important zone 2046 if gold break 2046 Good sign fore reversal for now sell trade is strong next target 2005 to 1997
Gold as you can by examining h1 time frame gold has downtrend momentum createing lower high at 2064 and lower low at 2017 . Important zone 2065 .Fibonacci rejecting to 2040 at 50% rectracement if gold hold below 2040 to 2043 respectively either gold hit 2050 a downtrend still continue until not breaking 2065 .. sell target 2017 to 2005