16 consecutive profits on Short positions!

Hello fellow traders! First of all yesterday both TP's were hit (#1,195.30 and yesterday #1,180.30 (closed position on #1,183.20 which is 3$ close to my TP, which was also excellent profit on 0.5 volume position)). Really, congrats who followed me and booked extra-ordinary profits on this 16 wins in a row we had. I am glad that I am profitable to my fellow traders more than 2 months on this Bearish momentum on Gold. Congrats one more time! What's next? Let's see: From the top this morning, the price of Gold on the weekly timeframe remains languishing beneath key resistance at #1214.40. Further selling on this scale has the 2018 yearly low of #1160.30 to target, followed closely by the 2017 yearly opening level at #1150.90. In conjunction with weekly flow, daily movement continues to respect a nice-looking supply zone at #1221.2-1207.50. Aside from the base displaying attractive downside momentum, this area could also be considered the ‘decision point’ to print 2018 yearly lows of #1160.30. Traders, however, are also urged to consider support on this scale: #1183.20 (which held price almost to the pip on Monday), followed by a support at 1157.30. Against the backdrop of higher-timeframe flows, intraday action on the H4 scale remains compressing between two converging trend lines (meeting the characteristics of a bearish pennant formation – #1214.3/#1160.0). Of late, the Gold responded to it's trend line support, lifting the candles towards nearby resistance formed from October’s opening level at #1191.30. In light of where price is trading from on the higher timeframes, a long in this market will unlikely produce much to get excited about. We are simply buying against higher-timeframe flow here. Ultimately, traders should be looking for the H4 bearish pennant to complete and breakout south. Should this come to fruition and price engulfs H4 demand at #1176.20-#1180.50, shorts are high probability at this point, targeting the 2018 yearly low of #1160.30. Until this happens, however, the H4 bearish pennant could continue to compress, which traders could attempt to fade till broken. However, given the likelihood of fakeout occurring around these extremes, waiting for H4 candlestick confirmation to emerge before pulling the trigger is likely the better (safer) path to take right now. Tonight or tomorrow morning will write what I will open next, probably it will be another Short position! Good luck!