Gold still in 3rd wave WHY go short?

Sometimes things seem like they can't go higher until they do. I wouldn't short Gold until it passes at least 161.8 FIB. I see too many short charts on this platform. This wave could finish strongly nearing 1420-30. I feel this wave 3 had a small micro wave 1 and small micro wave 3. This last wave 5 should extend due to the 2 small prior waves.