currently shorting gold at this level. There is a bearish head and shoulders pattern. previous support has flipped to resistances. My Targets are 1912, 1884, 1860
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full disclosure, i'm long calls on DUST (not trading or investment advice, please do your own due diligence)
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monitoring 1919.800 level, will likely add more to my short w/ a retrace of this level
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monitor for a reversal of the IHS pattern, they want to trap and bait bears holding into the close or overnight
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the AD/Money Flow is in an apex on 5min chart. I'm watching for either 1927 or a collapse from the apex..
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like watching paint dry (still short) ready to hedge my DUST calls, looking out for all traps. this also can be flipped into a bear flag
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15min chart, I do see a bear flag set up
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saving some ammo for a possible 1930 short
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Now monitoring to see if NY (shorts) can take out this level of 1923.4
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AD breaching 1923.4, and if it breaches the 200 MA (shorts regain full control of price action)
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if this holds true, gold should dump and DUST retest 12.70