Gold Bearish Activity

Gold bearish volume activity on H4, another obnoxious move to upside after starting session down. Volume is very very clearly bearish, H4 momentum is overbought, Weekly momentum is in dangerous territory as it is going below the 50 level, but on the bounces up it's challenging that. I expect that signal to go through sometime in the next few weeks and price to crash below 1180 pivotal point probably making new lows @ around 1100 while the US mkt goes higher.

Very clear Bearish volume activity on daily chart as well. I believe a big downside move is very near.

Gold rally continued to about 1214 as of now..... 4 H1 bearish candles in a row... Could be the end to this rally and the start of a big down move.

Now we have 5 bearish volume candles on H1 along with a retest of recent highs, still gold above 1210. Think it's all about the US mkt now. if it fails and goes lower golds going to sky rocket. From volume indications either way this move in gold is bearish.