GOLD Will Move Lower! Short!Spot GoldTRADENATION:XAUUSDSignalProviderTake a look at our analysis for GOLD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 4,530.24. Taking into consideration the structure & trend analysis, I believe that the market will reach 4,489.74 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!