Gold Short term (Take Profit intact)

Gold has been rising on very low volume since Dec 14. When I shorted #1,467.80, I expected prices below #1,448.20 as a fair value of Gold, but what kept Gold and pushed it up is incoming capital of investors and strong DX. I miscalculated short term Gold trend but now we got DX working on our side, initiating the last chain fall to #1,450.80. I am waiting for this Weekly close to see if the pattern will repeat it self or the breakout to #1,510.20 will lead to a new top, which by my calculations will not happen. We will have more on next week's candle. Keep in mind that the medium term pattern on (D) is a Channel Down and we are on its Lower High zone with #1,448.20 or #1,450.20 being a potential Lower Low target. I don't expect today's ISM Non-Manufacturing PMI to have a big impact as like I've been highlighting all week, the market will wait for Friday's important macroeconomic events (Nonfarm Payrolls and Powell) before making a move.