XAUUSD H4 SHORT Update - Patience Is A Gift

I am still short-term bearish on Gold.

In my most previous posting, I stated that I was looking to short Gold to the price of 1878.00, and using the Fib fan on the current 4 hour chart that seems to be holding true.

Over the past few days Gold has been flirting and making attempts to break the price of 1912.00, but it doesn't seem to have enough strength to push past it leading me to believe that it needs to gain some momentum through downward traction before the pairing returns bullish.

TP 1: 1880 or .25
TP 2: 1863 or .382
TP 3: 1847 or .5

With a support price of 1830.
Price 1923 invalidates this signal.

Let me know what you think in the comments below.
Trade Safe.

Comment:

Although I said the signal was invalidated at 1923 I believe we saw an inorganic price jump because of the Russian strike on Ukraine.

I am short-term bearish for a retracement but long-term bull.

I am personally taking a sell at the previous invalidation zone 1923 with TPs listed above.

If price continues to push past 1950 I’ll update chart analysis.