Monthly Analysis is bear bias, but Weekly see bounce underway. capture this pull back til 1270/1290 and look for reversal signal to resume short Gold.
Comment:
Due to the context and week PA in lower timeframe, prefer to wait for entry during pullback 618 (near 1247); or low retest (near 1238). Will update accordingly.
Trade active:
As mentioned below, Jul 9 Monday, expecting the break of the triangle, which printed w/ a triangle ABCDE finished and breakout, upward zigzag impulse resumed.
Trade Active at H4 candle close near 1259.
Trade Active at H4 candle close near 1259.