GoldCartel

Retest the trendline ?

GoldCartel Mod Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Currently, for the short-term target, I reckon It has the potential to retest the H4 trendline. Will adding more sell if it breaks and close below the trendline or will TP the sell trade then buy heavily if it rejects the trendline.

Catalyst: Price action, US CB, FOMC, and PMI

PS: Feel free to share/attach your analysis to this post.

Last week, I shared this chart to my clients

Related idea
Trade active:
We Keep selling, the neckline has been broken and maybe this is a valid breakout the trendline. So far so good!

Trade active:
Analysis update
Comment:
Trade closed: target reached:
Here's the updated


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