Although I'm more biased towards longs on gold I think we have a good chance to test previous structure resistance at the 1255-1260 area. For now I have a short signal on the 4H and 1H divergence and a double top .
Trade with care.
Trade closed: target reached:
Pain free trade. Although it may fall some more, I think that the general direction is up. I'll keep you posted if I come up with a buy setup. Trade with care.