Price reacted very well to the 2012 Demand which I highlighted yesterday on the Weekly chart. If we zone in to the 4 hour, you can see the sharp, possible reversal move and trend line break.
Today is the start of the second half of 2020, and we may be seeing an end to the powerful uptrend for the first 6 months, as profits will be taken. There are some key levels to be broken, but worth a swing short
Definitely a strong bearish move today and there was no bull reversal breakout as it usuallly does. This to me indicates reversal of trend too. But, gold is usually bullish in 2nd half of the year usually so we may see little more rise for the 3rd touch to 1810 before the reversal.
I would open both long and short. If it rises, close the short and then reverse. Tricky but doable. It can go either way...