GOLD: Short Term Still BearishGold FuturesCOMEX_DL:GC1!NumberfiveLooking at Gold (Short Term) from the Daily pov we can clearly see that still in bearish mode telling us that $4125 is on the table and every attempt to breakout from the 4hrs TF pov will fail. As of now every little breakout from the 4hrs chart is just to fail and continue lower but by second week of May (if not sooner) it should start building strength preparing for a test to the $4900 mark. Right now target to the upside is the area of $4725 then continue lower . imo Next week we should see a continuation bearish move on the 4hrs chart preparing the way for bulls next Daily move . Remember The bigger TF always overpowers the smaller TF so as long as the Weekly is in bearish mode Gold will keep printing a sideways move between 4795 - 4125 and bears still have like 3 more weeks of TIME to complete its move. For the long term Gold still has lots of room to move higher. Once the weekly completes its Bearish Cycle (in like 3 to 5 weeks) Gold will retake its uptrend direction and test the ATHs. Play it right...............Play it safe...............,Play it The Numberfive Way. Boost...................Follow.................Share...............Comment.