The gold price has made some nice moves these past days.

The S/R flip of the highest Resistance zone failed. After the S/R flip failed, the price made a quick retest of the Resistance zone and went straight down into the Support zone below.

If this Support zone holds, the price will probably retest the Resistance zone above.

If price fails to hold this support zone, it can be flipped into Resistance for a short opportunity.

Let's see how this plays out.