Gold showing a big bearish pattern brewing

Inverse Cup and Handle seems to be forming on the daily chart for gold.

This does not give safe-haven vibes. Unless it's for a short.

If the price breaks below the brim level (support), we could see downside to come for the metal.

Other indicators confirm downside.
21>7
We just need the price to break below 200MA and it's all down from here.
RSI<50
Target 1 will be at $1,710, around where the recent support levels were.