On the XAUUSD 1H chart we can see a bearish trend as we can notice the red arrow on the chart the trend is supported with a top located at 1227.35 which can be used as a strong resistance that the price couldn't go above it in case that the bearish trend still strong.
The parabolic sar dots is located above the candles that is a sign that the price is going to move down In case that the selling trades are happening we can consider the support which located at 1209.4 as a good area to close some of the open positions as the price has a good chance to go north after hitting it.
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