GOLD ON THE WAY TO DROP

GOLD is showing us a strong reversal pattern and i expect a big drop as soon as we will break below the support area i highlited on the chart. This area acted as strong support zone, but this time i think we will see a break that could lead the price till the next strong reversal zone, around 2378. This is a good entry point to try a scalp long, but i will update if we will get there. Actually i am not taking a short, i am waiting a confirmation setup in around 3 hrs, if it will not happend i will wait another setup tomorrow