Gold - Short on Overbought/Divergence

Gold has entered into the Overbought region in 2008, 2010 and 2019.

Furthermore a divergence of price and momentum has shown a sharp correction shortly thereafter.

This may be occurring now, with a divergence looking to developing.

A short is considered

1. Enter - $ 1685

2. Stop - $ 1725

3. Target - $ 1350

4. RR = 8