Target 1300_Market turned to be bullish?

After Yesterday drop to 1275, Gold rallied nicely to current level of 1295 touching orange new trendline formed after bull trap of some days ago.
Only daily close may confirm a bullish market. Current spike seems more a "take profit" of Yesterday massive sell. US market rallied gold, so it could be expected a drop.
RSI on overbought (not at all at 4hr).

Let see how it evolves.

Let the money talks

***Just a trading idea/opinion, NOT financial reccomendation/advice ***

Trade geschlossen: Ziel wurde erreicht