Gold recently touched and retested a weekly high creating a double top and has now entered a down trend. As you can see illustrated below on the 4hr chart, another indication is the break and retest of the 200 exponential moving average: a continuation to the downside.
Comment:
Price started reversing about 1/3rd the way down this trade which should have been your exit or ''tp1'' as well. Eventually this trade will have lead to the Stop Loss being hit.