Gold short-term Sell

With the strengthening of the DXY and the expected 0.50-point rate cut from the FED starting to retreat towards 0.25 points, we may see some profit-taking in gold. The double top formation on the H1 chart, with the neckline broken, also supports this bearish expectation. Our first target is around $2,492, and if this level is broken, it could trigger the main correction, leading to a pullback towards the $2,430 level, which is the intersection of the 61.8% retracement and the main uptrend.