As you can see there is some reasons to short gold.
1- very heavy overbought in every time frames
2- divergence in daily and weekly time frames
3- historical resistance since 2012

you can take profit in 1780 and 1750
Chart PatternsDivergenceGoldTechnical Indicatorsoverboughtresistancesrsi_divergenceTrend Analysis

Haftungsausschluss