As u can see the trendline violation in MFI ,negative divergence and breakout of the actual pattern & rsi clearly showing its overbought.So i would go for short here would recommend everyone to short from a strong resistance and this could be a big correction towards downtrend
Note
Please ignore the previously selected long position from the left tool tab it has nothing to do with current strategy on gold...
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.