Posible end for Gold recovery

Gold returned to 1220 last weeks and may be starting next N movement.

+ 4h and 1d stoch and MACD indicators are going N
+ positive hopes for USA economy(?)
+ posible HS or double top with confirmation on 1209

-intraday timeframes are not so bearish
-Trump's coronation...oh wait...innaguration(my English is so bad)
-China in trouble
-i don't really trust this shiny metal

What do u think?

Yorum:

I see another one HS on 1H chat now. I will sell now with SL 1209.5 and TG 1285/1274.5.