Price hit the downtrend line. And is looking to bounce off of it down along with the lower downtrend zone.
Stock overall bullish, rsi hit a strong resistance, price currently sits on 50ema, around a previous higher high and the upper bound of a uptrend line.
Looking for a short term long onto the previous higher high at 1.22182.
Due to the fast downfall of XAU/USD the price will probably try to correct itself to at least 1762.42 based on the low RSI, strong rejection and has broken through the bottom downwards trend line (indicated in red) on the 4 hour chart.
Novice trader here with his prediction based solely on technical analysis.