Gold has been on an upward move for some weeks now. Looking at the chart, we can clearly see that there has been a market structure shift to the downside and price has shown a willingness to drop. I am bearing on Gold short term.
I want to see price push up into my premium array before taking a short position. I am looking at price crossing 1967.75 before I start selling.
Disclaimer: None of this is financial advice. This analysis is posted for only educative and information purposes. You're responsible for whatever action you take with regard to this information.