We have finally see some resistance on XAUUSD (GOLD) on the daily chart around 1255.00 area. We are also seeing a potential Daily Head and Should pattern developing, and today we can see the price action form the right shoulder, confirming the bearish momentum. 1 HR chart has a double tops, and broke down support trend line. We can wait for a lower high to develop, and a mini head and shoulder pattern to present itself before shorting.