Gold (XAUUSD) lower high and bearish continuation —3650 nextGoldOANDA:XAUUSDMasterAnandaThe drop toward 4100 was a pretty wild one. The market produced a reaction as soon as this level was hit. Gold recovered and closed two days green. I am seeing a lower high. A bear market doesn't end in two months and Gold has been bearish for less than two months. A full bear market can last anywhere between 4-6 months, even 5 month of sustained bearish action, like Bitcoin. Sometimes bear markets can last much longer, but it would be really hard to know what Gold will do long-term as market conditions are so new and unknown, uncharted territory. What we do know though is that XAUUSD can continue lower in the weeks and months ahead. The next target continues to sit around 3900 followed by 3650. Having full confirmation of the negative correlation between Bitcoin and Gold, the drop that here seems to be unavoidable means that Bitcoin will continue to grow. Conclusion: Gold (XAUUSD) goes down, while Bitcoin (BTCUSD) grows. Do you agree? Thanks a lot for your continued support. Namaste.