Gold is trading on a 4-hour frame now near support levels confined between the 2295 and 2285 levels, which is considered to have been tested more than once, as shown in the chart. Therefore, we expect that with the break of this support package and closing below it, this may open the way for a further decline in gold towards... The ancestral leg of the descending price channel shown on the chart.

The 2250 levels could be the first stop for the decline, then the 2220 levels, after breaking the above-mentioned support levels, provided that this scenario fails if trading returns again to the 2320 levels.