$XAUUSD is very close to a major area of supply on a daily timeframe.
Blue zone on the daily chart is based on strong horizontal resistance and falling  trend line.

From that zone, we expect a bearish movement. However, because the zone is quite wide, we recommend you to look for a confirmation on a lower timeframe before you go short.

When short rally starts, the first goal for sellers will be 1780 (local daily structure low).