Watch out for possible topping patterns.

Spot Gold on W: TD count 9, top of bollinger band, though RSI not oversold yet and MACD still rising.

It may have a few weeks to go, but from here onwards i would carefully watch for topping patterns formations.
Watch DXY as well.

코멘트:

Still going.

Despite that it starts smelling like a trap.
TD count 10 on W, 12 on D.

Would keep an eye on that rising support on RSI.
Once it's broken price is pretty likely to pivot.

코멘트:

XAUBTC (M):

코멘트:

Come on ...

코멘트:

Still going, but TD count 13 on Weekly and starting to show a bearish divergence.

코멘트:

RSI/D:

코멘트:

XAUBTC/M:

코멘트:

Here we go.

코멘트:

코멘트:

Bull trap or not ?

Let's see.

코멘트:

Bull trap indeed.
As supposed in the OP.