Beskrivning
⋅ As you can see in Weekly diagram, the $1177 price has existed as major resistance and support in 2009,2010, 2013 & 2014.
If today XAUUSD closes around 1177-1187 there is a possibility of reversal.
II think that from Monday (3 Nov) and next week we will see the continuation of a long term downtrend or not.
Good luck!