Could we see a bigger downside?

FX:XAUUSD   Gold Spot / U.S. Dollar
On the daily it still looks bearish maybe some small pullbacks, my entry for this trade was at 1808, my SL is at 1825 and target 1 is at 1770.

Also have confirmation on the lower TF where there was some good sell entries both expotential & simple moving averages crossed giving the perfect entries.
Still waiting for the H1 & H4 to cross too confirm a long term sell.

What do you all think?

Please share your ideas


better entry made previous trade was closed at 1806.

New entry 1811 & 1810
new SL 1840
New TP 1892