Gold aiming #1,800.80 / Selling order engaged

Technical analysis: Gold was giving nothing but Low reliability signals as Resistance/Support breakouts were invalidated most of the times (regarding last week). As discussed, those were Fundamentally driven sessions and unusual spikes were part of it. However, I will book last Week as an breakeven one as Price-action / Intra-day was disastrous for Traders, especially for Short-term. The Price-action was under extreme Hourly 4 Volatility and on very important crossroads. The Hourly 4 should break to the downside and at the same time DX is on semi gains (both marginally) which is Technically Bearish for Gold. Bond notes however (which has been the benchmark for Gold lately along with the Usd-Jpy pair) keeps their Neutral range intact (unless the Resistance breaks). This displays a very mixed picture for Gold and I can only approach it with breakout points. I am well known as a Technical Trader more than Fundamental, as by my estimations / Fundamental pressure is off the markets as I already engaged my Selling order. #1,823.80 strong Support was invalidated by more than #3 points as I didn’t wanted to allow myself to be on sidelines if something like that occur, that’s why I engaged risky shot for further downside potential. This is translated into temporary minor movements, which will be overshadowed when the Trend appears.

My position: As Weekly chart's #MA50 was invalidated which was holding for more than #2 Years, it is Natural to expect Technical necessity for a Lower Low extension / that is why I am ready with my Selling order to pursue #1,800.80 and if broken, #1,785.80 in extension.