The spot Gold market continued higher today, moving up to a high of $1296 before backing off those highs into the close. As we discussed in our members trade setups forum yesterday, we wanted to give the pin bar sell signal from yesterday a bit of a wider stop. Following today’s bearish tailed bar and yesterday’s bearish pin bar, this market is still looking like it wants to fall; near-term momentum is still bearish. If price weakens from here and takes out the lows near $1270 in the coming days, we could see a larger move lower. However, should price continue retracing higher, we will still look to be sellers, but perhaps from a little further up should another price action sell signal form.