Gold again fails to break through ATH?

GOLD bounces from the old highs and ATH; fails to break through ATH.

TENKAN SEN line on W1 interval is very far away from the price – Tenkan likes to be close to the price – indicating that even if the price would break the ATH, the correction is inevitable.

On the daily interval, the price is struggling to break through the last resistance; this could indicating bearish senitment plus on H4 the price broke cloud.

Targets, if everything will confirm, are W1 TENKAN and MN1 KIJUN.