Gold now slowly coming down after attaining the multi year high at 2040 level .If we can see the daily timeframe ,we can see that its in a down trend and trading at 1920 level which can come towards 1810 level in the long run. If we can see the h4 timeframe ,we can see that the pair may re-visit the 1900 area and from there the real trend will be decided as the breakout or bounce will depend upon the market sentiment .In the hourly timeframe ,the yellow metal is trading down below the 200ema and that is the indication that the whole trend is pointing towards the bearish sentiment .
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