Gold is still continuing to go down. There is a opportunity to sell short with high risk in 4 hour chart. Price-Action can tells the solid failed to break the previous lower therefore we're expecting it to rebound back down. Also it's failing to break the trend line from both side meaning the the trend continuation is still available. .
If ýou take a good look on gold 4hr chart you'll see, the failing to break trend line. Price Action analysis can tell the previous support becomes a resistance.
