Expectations On Gold

XAUUSD Looking at the daily Range, The market has reached the equilibrium level, is that a sign to go short? no, we could still see a drive to the upper side, but ultimately, the relative equal lows which are close to 3,245.00 big figure should likely be the draw.

I would love to see a drive below the 3,282.00 mark for perfect show to prove the obvious move below the 3,245.00, or seeing a consecutive break below each previous days low would also confirm the directive.

Seeing higher prices would of course negate this analysis, seeing a run into the 3,375.00 big figure yesterday makes me skeptical as this has also left some area of relatively equal highs, so I would give in to the idea of higher prices at least to that level to see what would like occur, but I strongly doubt that this would be the scenerio.

Generally, I am bearish on Gold till I see a run below that 3,245.00 big figure or prices closer to that level.