20 Aug short - bearish on weekly view - forming double top on daily view
however -- might not be a deep dip rather just a take profit correction - fundamental makes it likely that investors have no where else to go but equity and gold so the sell-off wont be sharp --> i doubt a sharp rise - everything already overbought unless a shifting fundamental is to come, pushing gold deeper into the overbought region
Indicators - bearish on monthly view, weekly AND daily
Next short target region as charted.
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Confirmation if breaks upward trendline - which has not been preached since rise from the March low
@IraSoguilon, i'd rather wait for bullish confirm at around 1980 - if price can successfully break through this price level, my strategy to short will be fail