Gold defined new top at 1920 may fall till 1750 in short term

As per this trade setup it seems that gold has defined a fresh top for short term at 1920 with double top formation and a nice selling pressure seen from top of 1920 and gold made 1859 low after hitting a fresh life time high. Selling pressure that appeared at 1920 is suggesting that professional traders are selling to get benefit of this double top formation. Taking a short position near 1895-1905 area can prove a good trade with stop loss above 1925 if gold manage to hold above 1925 then this rally may take it up to 2035 mark. Otherwise we are expecting a good selling from current levels for targeting near 1750 in medium term.

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