Gold near demand zone what's next??

Saw some big declines in past week, currently taking the support of 3920 level, it’s not going to be very easy for gold to slide below it, we had seen bounce backs earlier form the same level. Even if it chooses to continue it’s decline, we are going to see a brief period of sideways momentum, without any definitive direction, and only after spending reasonable time here, it’s going to unfold it’s upcoming moves. Bounce-back is also possible, it all depends on how price is going to react after the consolidation.