FXKG

XAUUSD - Shorting the retracement

Short
FXKG Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
With the big impulse of gold last week that was fueled with the re-opening of china we finally broke th 1675 zone. The problem is this weekend China made a u-turn on the re-opening after a record numbers of COVID-19 cases, so for this reason I'm expecting gold to have at least a retracement to the supply zone of 1647ish.

Before entering the trade make sure you got PA confirmation!
Comment:
Let's be patient with the price action it will come back , it's just a normal weekend gap!
Comment:
Still valid, still playing that waiting game!
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