Yesterday's market movement which moved slowly to reach the highest level yesterday was seen making a rejection when the US market opened yesterday. This makes the price form a double top on the price of gold in the H1 timeframe.
Today's price opened below 1862.00 and has already broken at the nearest support area at 1859.00 from this break it is seen that the gold price is the beginning of the downtrend at this point.
However, the price stopped at the highest level due to the movement that has tested on the trendline resistance area and is now making its own pattern to indicate the course of the next movement.
So here I attach the nearest support and resistance levels for today's trading guide:-
R1: 1865.00
R2: 1871.00
R3: 1881.00
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S1: 1859.00
S2: 1853.00
S3: 1843.00
Because of the candlestick that shows the pattern. This can be considered as the beginning of a downtrend journey, but it should be noted that the current movement is still dominated by flat prices. Support and resistance guidelines can be taken into account to determine where gains should be taken to avoid getting stuck in horizontal areas.
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