According to the analysis, gold stopped at the 1728 range on Tuesday and declined to the 1713 range. Currently, the price position in the daily and 4-hour chart shows the dominance of the sellers in this range and the continuation of the downward movement.
Now, according to the price position in the 1-hour chart, selling in the range of 1.01560 is a low-risk option, and the way to continue the downward movement towards the range of 1.00500 is available. If the interest rate of the US dollar increases by more than 0.5%, the path will be prepared for the price of the euro to fall below the range of 1.