Honestly, I was holding short position at $1,505(and managed to get out at break even), as I was agree with this idea:
(and of course 1,510.89 might be the end of the 5th wave, so it was right action)
But things are changed when US stock market and DXY are shaked
People were just panicked, that anxiety made people run into gold .
So, we just break up the parallel, and if it pull bank, we can enter long
Minimum target is $1,560+
There are lots of meaningfull fib level in 1,570-1,580 area
There are strong wall in that area