XAU/USD H4 chart makes its double top at 1220.04 and second higher low at 1214.44 resulting in skewed double top formation a valid sign seller taking control on buyers.
GANN level 270 degree (1207.86) rejected clearly. Bearish biased for gold over coming few days. Further on daily chart XAU/USD. Gold USD spot seems to start its fifth bearish impulsive wave. Important support level needed to monitor are:
Level Price GANN Level (Degrees)
1 1200.61 200
2 1190.71 180
3 1173.36 1354