The 4 hour Gold is moving in a big sideways movement (Red Dashed Lines; top, middle and Bottom). Within that movement, Gold is currently in a downward Trend and towards the bottom of the Trend Wall. A bounce to the middle dashed line is expected once it touches the Trend Wall as is shown by divergence between price, and the indicators.
After the bounce, it will move down to the bottom red dashed line.
After the bounce, it will move down to the bottom red dashed line.