I believe that price is making an retest back on bear leg it has formed. If price gets rejected on this trend line we may get a chance to see below 1450 support held for a while. As the 50% fib inst completed or touched yet to complete the structure it has formed right after the major breakout of bull trend line. So Ill be looking for shorts at this point. As we have no clue that COVID19 will get calmed very soon. Fundamentally we had a info that investors are looking into gold with global recession but its not yet a confirmed case. Even the Brent oil is to go below $10 as per analysts. Good Luck!
