Based on my analysis the gold might move further down to 2229 or 2171 area before the bounce back which is respectively 100 and 161 Fi level based on 1 Hour chart. If you look into the regression channels the gold now bouncing back in both daily and weekly channels aligning to the above-mentioned level probability. The shared information is for analysis purpose only .
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian