Nice probability on this short entry -
Break & retest of short term trend line,
Break & retest of near term SR,
Double top at R1 on the 1H,
Text book high tests,
PT at the pivot, or trail that stop...?
Possible Long set up on coming after pullback.... Some nice support around 1248, including daily 50EMA
MACD Divergence on daily suggests trend change, but fundamentals in the gold market wont allow for the bears to roam free for long