My set of Sell orders activated / Bearish Gold

Productive day for both Buyers and Sellers as the Top rejection on Daily chart postponed further uptrend and as my #1,919.80 break out point still not compromised, on the other hand - Gold made it to #1,894.80 almost last week (Spot prices as always on my commentary). The Bullish reaction is due to the Lower High trendline that started with last week’s Higher Low zone. This is not the most important Resistance level though (#1,914.80), it is the Hourly 1 chart's #1,919.80. As long as Gold is below it, the Hourly 1 Support will be continuously tested but above it, the goal is the Hourly 4 chart #1,927.80 fractal (I give less probabilities to the Bullish side). Do not Trade this without breakout points and Risk management, the times are very volatile. I am expecting Daily chart #1,880.80 Gap fill and #1,860.80 in extension as Price action will most likely close below Resistance on today's session, which will keep Selling bias alive. As I noted, Gold is surely correlated with Stock markets again (February #27 - July #27 sequence), but this time Diagonally (when Stock markets are rising, Gold should decline). DX was rejected on Resistance (# -0.02%) and the uptrend is paused which will add Buying pressure on Gold. Bond notes are above the Hourly 1 Support and near the Resistance too so everything is set for aggressive decline on Gold. Most important pointer is Head and Shoulders pattern on Hourly 4 chart, which Neckline rejection will engage Support test (#1,892.80) in motion, and if broken, can lead to #22$ Intra-day decline. This configuration offers not more than low Volume session which you have chance to see, as Price-action is Trading within #10$ plus/minus. However, I am expecting decline, ready to pursue lover Targets with my set of Sell orders calling for #1,880.80.

In addition, in my Related ideas paragraph below, there is explanation on Bond notes chart that Gold's Medium-term collapse is near.