Gold (XAUUSD) has been demonstrating a pattern of lower highs since July 17th: 1. Gold and Bitcoin are currently exhibiting a positive correlation, although periodic disparities and variations are observed. 2. As Gold trading ceases over the weekend, the chart analysis will halt shortly. However, indicators have been trending downward for almost a month. Let’s review these signals. 3. A peak was registered on July 17th at 2,483. Throughout this period, trading volume has remained average. 4. On August 2nd, an unusually high trading volume was noted, corresponding with a bearish trading day. The combination of lower highs and this significant volume on a bearish day suggests that bears dominate the chart. 5. Lower highs typically result in lower lows. Based on these chart signals, we anticipate a decline in Gold prices in the upcoming days and weeks. Further details are available on the chart. Namaste.