NFP later this week, speculating a drop in payrolls - devaluing USD, sparking a rise in Gold prices. I believe NFP this Friday will be the needed catalyst for Gold to break out of its current consolidation towards the upside.
Even though a short on Gold doesn't seem reasonable at this moment, due to the massive economical drawdown currently occurring globally. It seems like a good bet to short now to 4hr lows, then proceed to buy it once again
This is due to the current profit taking going on in the order books. GBP must retract to higher prices as it is oversold at the moment. Believe it will hit market high, before larger sell orders take place in line with coronavirus