We can see gold struggling to break the important 1480 resistance . I expect a fall of gold all the way back to 1445 at least during the following trading days .
Although the gold can be heavily influenced by global market stability, news and sentiments in my opinion yellow metal is more likely to turn out bearish .
A daily candle closing under the 1480 level signal a potential of correction to the nearest supports levels 1465-1455 , a bearish move all the way down to the key 1445 level is highly unlikely due to the recent unfavorable trade tensions
Daily candle closed under this powerful level. It might still go a bit up before falling. best place to open sell is close under 126.6 level. this is a trade with a very good risk to reward ratio.
SL you can place somewhere above the 26 decembers high.