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The probability of the gold price continuing to go up was so unconvincing that i removed the stop loss i had kept near last month's high and put my faith in my level 2 and 3 set up which was still showing a BEAR trend. I had mentioned about the stop loss and my doubts about the gold price going up in my last post https://www.mql5.com/en/blogs/post/651389. As of now, see the upward movement of the gold price as the price retracement to the MAs in the month time frame. Expect the gold price to continue to go down but as clearly mentioned in my previous posts, with high volatility. If the gold price goes above last week's high, then will have rethink about the bearish trend.
