I was analyzing the gold chart again , I saw , first , a beautiful channel at Daily chart and the second , which was more important , was the 100% fibo extend level .
Today , gold did not show a weak movement , and we did not have sell signal at H4 TF.
I think price will go to 1256-1258 area , and then it will start its correction wave( the downtrend ) . I have shown this area on chart with a right tick . NIKE symbol !!!!
Of course ,, all of those words just analyses , and the market does whatever it wants .