GOLD - Countertrend Short

Gold has been extremely bullish . I am considering a scenario where price consolidates between 1500- 1550 over then next few weeks , with divergence setup between price and momentum that would be bearish.

A short trade would be

1. Considered to enter at resistance near 1550.

2. Stop above monthly R1

3. Target Monthly S1 at 20 MAV.

RR = 4