Gold is building it's top

Following a substantial rally that yielded approximately $200 in gains over the course of two weeks, gold is now exhibiting initial indications of a potential formation at its peak. It is noteworthy that the cumulative delta demonstrates a bearish divergence in comparison to prior rally instances.

For those considering short positions, it is advisable to establish tightly positioned stop-loss orders while pursuing favorable Risk-Reward Ratios (RRRs).

This particular short trade opportunity presents a Risk-Reward Ratio exceeding 4.5:1, emphasizing a potentially advantageous position for traders.