here there is a big 4 hour parallel channel in this pair and as we can see it broke down the short trend line and in my opinion it will reach to the mane support area which is the bottom of this main channel and from there i expect a strong push up but to go long on this we should wait for a reversal candlestick pattern
as u can see Xaudusd is in the range now but clearly it has already broke its main resistant and now if it can show more bullish movement and see a strong hourly bullish candle at above this range we can expect gold to reach at higher high at least in the demand area that i mentioned it.