GOLD (Y20.P3.E1).Short term

Hi All,

Approaching strong resistance, as per previous all time high (prevously it took 3 attempts to pass). We should expect at another attempt, but like 10K for BTC, it will give resistance, so shorting is a good idea.
+ there is a looming daily bearish divergence.

For the time being, I see a bounce and then further downs. Probably in a channel or wedge formation.

WEEKLY Indicators have bearish tone
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Regards,
S.Sari
Chart PatternsGoldgoldtradingTechnical IndicatorsTrend AnalysisXAUUSD

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