the price of gold will still move down as long as it moves below the moving average level indicator 50-100-200 (red, blue and green lines) in the 1 hour chart.
To the downside, the closest support level is seen at 1458, breaking down from that level has the potential to trigger a further decline to 1453 before targeting strong resistance at 1446. Conversely, if it moves up, the nearest resistance level is at 1466, breaking up from that level has the potential to trigger the advance continues to 1471 before aiming for key resistance at 1478.
Support: 1458 - 1453 - 1446
Resistant: 1466 - 1471 - 1478
to trade in Gold pairs. Use good money management,