Major Resistance zone - 1395-1300 (Moving Average: 21 Period) - Can be the entry whilst we look to the downside. I don't foresee Gold going up in the next few weeks/months. if it breaks this range, wait for reentry on its way down.
The Trade idea is based on Trend Analysis. TP2 - 1.1620 TP1 - 1.1460 Entry - 1.1360 - 1.1380 SL - 1.1230