Gold bounce incoming?

Updated
Large bearish movement currently. Looking to retest 1540 level and 20 EMA looks as if it is lining itself up at the same level on the daily time frame. Additionally, on the weekly time frame this level lines up with 0.618 fib retracement. Will we get confirmation on the 4hr time frame?
Note
Price is more bearish so trade is void
GoldLONGSupport and ResistanceTrend Analysis

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