Gold has been on a rally, mainly due to fundamentals of trade war with China. I see two possibilities with gold. Either this wick was stop loss hunt and will drop from here; or it will test weekly resistance at 1365 before massive fall.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.