My both Targets are met, Gold showing Overbought signs

Gold's general commentary: I already noted that the Daily chart’s Price-action is attempting to cross above it’s Resistance zone #1,782.80 + and is currently comfortably Trading above. What caused an mini upswing / Buying impulse (positive) on Gold is Natural consolidation since market can’t Trade only in one direction, DX taking strong hits and Bond Yields (after Powell’s not very encouraging speech) on parabolic downtrend. As long as those Trade favorably to my model, Gold will be in motion to test #1,800.80 psychological benchmark. Interesting variance last seen on January #29 - March #5. Price-action engaged decent decline, engaged semi-recovery (which is the case at the moment) and delivered aggressive takedown which can be repeated at shortly as Gold is cycle asset. Since #1,800.80 benchmark is recovered, Price-action will surely continue to emphasize a Bearish presence from here, Support line is seen Trading at #1,792.80 first then #1,782.80 Support extension. DX continues to lose it's momentum and sole development is adding huge Buying pressure on Gold. What’s also interesting about this level from a Technical perspective is that, not surprisingly, it goes precisely along Bond Yields and that’s the only parameter which keeps Gold on this levels.


Technical analysis: Along with those Bearish signs which occurred this morning (early E.U. session), Daily chart's Technical movement is trying to overthrow new Resistance belt at #1,811.80. In the event, further Buying is not on the cards, but if the Resistance is broken and market closes the session above (less likely), I’ll have to re-evaluate my strategy as Selling correction will be postponed, but not invalidated. Hourly 4 chart is giving me excellent Selling entries and points out on a new underlying Bearish trend on Gold (Short-term). Note that this Ascending level also pairs reasonably with the Weekly chart's (#1W) Resistance and Support pricing. Gold is a cautious market at the moment. With Buyers showing limited activity which is absolutely normal after such #50 point uptrend, I will start utilizing this Bearish momentum to it’s maximum, aswell confirmed if Bond Yields engage the promising recovery. It would also be too much of a risk to contemplate Buying this market when the Resistance have yet to be convincingly tested and invalidated. Last time I spotted such cycle, Gold engaged more than #185 points uptrend within #2-Month fractal, then engaged serious correction. Expect a corrective drop towards #1,752.80 psychological mark and consolidation around #1,742.80 - #1,752.80 as equity holders digest the news and evaluate their strategy. Gold clearly accumulated all the panic capital from losing DX and is bound to return it. My both Targets are met (#1,782.80 former Resistance and #1,800.80 benchmark), as I would re-Sell Gold on spot, however with NFP on the calendar, I will not gamble more on ranging markets, especially since this is Friday's session (end of the Trading week).