XAUUSD more downside to come?

Price rejected resistance area. Shorted @ 1325. So far so good.
Didn't have the chance to share this set-up earlier as I do not have access to my laptop

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My TP level is at 1314. Might see a potential bounce from there.
H4 view:

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Price is now in the mentioned area. Possibility that it might reverse and head upwards towards upper trendline.

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Testing mentioned zone for the 2nd time. Break or bounce? Let's wait and see what price does before hopping in.

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Perfect bounce back up in highlighted area