STRATAC Short Trade

Gold tries to recover yesterday of that cup with a handle pattern started from last Friday's session but fails when the (extended?) handle was not able to sustain. That failure shows a dangerous signal for the bulls because of that bearish 'hanging' bar? From there the trend started to descend and drops hard when the session opens on the Globex's afternoon session, and still going down as of this post time...I guess still more 'bears' to go?