Yesterday, I did mentioned that gold price looks like head and shoulder pattern on daily timeframe. But the downfall is not that fast.. anyway, the prediction is correct even though not yet reached 1327.52.
At this moment, the price is at 1355.20 as compared to yesterday at 1373.50. I do hope that gold price will continue to down further and break the support price.
Until the price could not break the yellow upper trendline on that chart, my outlook remains bearish.