The close up view
Gold is backing off from every possible point of resistance.
Previous highs, retracement points, congestion areas.
Anything that might be a stopping point.
Traders cause that as the take their profits at all points
where gold might stall. Then they wait and rebuy after
it pulls back. The smart ones DON'T short the market, but
only buy on dips and make some very good money and PREVENT
getting wiped out IF and WHEN gold explodes, which it will do soon.