Gold ready for the NEXT leg down to $1,710

Gold has reached the first target of the Inverse Cup and Handle...

It seems to be stabilizing around these levels. But it seems to only be a short term (1 or 2 weeks).

If the price breaks below the support, we will most likely see the next target at $1,710.

As we are dealing with a less favoured precious metal compared to the past, this will require some patience to hold onto these shorts.

I'm bearish for now...