I wouldn't take the chance shorting at the areas you show. Why?
1. Gold is reacting to serious instability in the DJI (and other markets) - which are heading into exhaustion phase.
2. China's fresh waves of counter-tariffs hit on 1st June (Saturday).
3. Tariff man is now in deep water - believing stupidly that Tariffs on Mexico are a great thing for the American economy (which he thinks is doing "fantastically well" https://youtu.be/z7e1Kf1Wbkg?t=38 )
4. 'Everybody' is pricing in hope that the FED will come to the rescue with an interest rate cut - so the southward moves on the DJI and northward moves on Gold are actually smaller than they should be.
Mexico will appear to be conciliatory but may have little choice but to fight back.
Just to be clear, I'm not saying there may not be a correction on the price of Gold from where it currently is seen. All I'm saying is that I'm not risking my money on a correction any time soon.
Based on experience only markets do some strange things when they panic - they take a leap. Loads of traders get burned, thinking that 'it's bound to correct now just that much'. I've been there.. got burned several times before.
Based on my own analysis (shown before) of the Daily time frame on Gold, think 1320 or 1330 are likely quite soon (which does not mean there will be no correction on a lower time frame).
I prefer technical analysis. However, for things that really move markets I've taken an interest in geopolitics and macroeconomic events. These two domains rock stock markets and forex. 🤑👌