Maybe it’s time to take some profits for shorting gold.

On the gold’s 1h chart, we can see that a bullish divergence has formed. The price formed a lower low but the RSI formed a higher low, which means that the sell pressure is not that high. Gold will go side ways or slightly rise. It will be a good choice to take some profits.

Many times when breaking out a pattern, it is really common to see that the price don’t meet the technical target. When some other technical signs occur or some special events happen will effect the price.