Neutral Gold / consolidation

After yesterday's Stop-loss hit (after #11 Profits in a row) - I will Trade the breakout. On the other hand, it was a mini loss since my Stop-loss was only #11$ away. Yesterday's session sell-off surprised me since all Hourly charts were showing Bull values. Irregular movements at the moment on the Short-term as Gold (Xau-Usd on my focus) continues to Trade sideways within the #1,930’s belt / #1,965.80 Resistance (#MA50 Hourly 4 chart) and #1,918.80 Support on the Hourly 1 chart. If I can draw anything positive out of the today’s session, is that Gold revealed the underlying Short-term trend - Bearish. I expect small correction on today’s Wall Street opening. One important difference though: the Hourly chart #MA50 broke and for the first time in #12 sessions Gold should be testing it from below as a Resistance, which makes Gold Bearish on Short and Medium-term. Gold ignored Annual Low’s on DX and confirmed my statement that Gold lately is correlated with Stock markets. Stock markets didn't engaged the recovery, and Gold should see capital moving away from it’s safe haven which will add Buying pressure as week is near an end. Bottom line: as long as Hourly 4 #MA50 is not broken, Gold is Bearish on Short-term. If it gets broken, I will engage set of Buys, if #1,918.80 Hourly 1 Support breaks, I will engage my Selling sequence towards #1,888.80.