Scaling into Short Gold...several smallish positions.
XAU USD is starting to sell-off and 1 hour into Australian trading day, 3rd hour of the New Zealand trading day.
Gold is in a supply area of the RSI and Stochastics across all of the timeframes.
I plan to take this short for a day or 2 unless buyers come pouring in from nowhere, unlikely but still possible with all of the gold-bulls around the world & given that the price is in record territory.
