Update $XAUUSD

If Gold still strong bullish, She should break the yellow line up (as Chart)
If not,
Should rebound around the lower yellow line and should not break below the dotted line ( as Chart)

IMO Gold should drop into gray area and I will buy more in that zone
now I will scalping sell around this zone ( 1777 ) and hold short positions till it breaks up or down of the yellow channel

*** Invalid for long if break down a red line
#gold #xauusd #shortterm #sell #longterm #buy

Comment:

Sell scalping profit > 10 $
partial close

Comment:

move remaining short position to break even.
I buy back a little around this zone 1766-1768 too. S/L 1764
( because it hit yellow line support.)

Comment:

Scalping buy hit S/L only let Sell position ride this wave.

Comment:

Next target of Short position.
H&S formation.

Comment:

Last week H&S fail.
Gold is back into Channel again.
we could wait till it breaks up or down to confirm direction( for the short-term).
medium-term stillBullish.

Comment:

Sell scalping after taking partial profit and move to entry hit S/L at entry now.
wait Gold break yellow upper channel to follow buy
Good luck

Comment:

Nice BO