We know the price of gold is fundamentally going up AND... ...On the 4 hour chart we see a bullish flag which is a bullish continuation formation but right now the price is currently at the resistance, but I do not think price will breakthrough just yet with so much uncertainty in the market with the elections and all. I think we are looking at a pretty good short setup.
I agree, the trend is broken, maybe this is a foreshadowing of the presidential election?