Gold ready for a corrective drop.

Gold recently broke ascending slope line and re-tested it as resistance. Area has confluence with upper slope line of descending pitchfork and 61.8 retracement of recent decline.
~Possible stop above 1592
~Targets on the chart with red circle.
~Entry, wait for break of RSI line and ascending slope line on hourly chart. (below in description.)

Daily Chart


Hourly Chart.