Last two candlesticks
15 minute chart, made a bearish engulfing
pattern. Major 15mn chart resistance on chart is 1257.00 (look left). Both RSI
are overbought and turning south now. In my opinion, gold
will go down another around $24.00 from now's price action which started at resistance of 1257.00. It will drop to around $1232.00 area, which is not on this chart. Keep on trading with trend, support and resistance
. Yes, you are in charge here.