Prepare your umbrella gold (short setup for gold)

Gold now in bearish channell.

U can open low risk short position from 1262-1266 to 1252-1254

+1W and 1D Stoch
+1D MACD
+4h Stoch MACD and etc.
+ Fundamentally all risk from last 3 weeks are almost disappeared.

-IDK, but some traders are sure that 1M picture is bullish. I don't think so.

Downside movement can be rejected only if market will be disappointed in tomorrow's data.

Take care.
Trade well