Gold keeps growing since the end of March.
+10% net growth so far.
The market looks overbought and quite soon we may see a retracement leg.
To catch that stay focused on 1855 - 1875 structure resistance cluster.
It is a very important historical zone.
To short it wisely, follow a rising parallel channel .
Wait for its support breakout as a confirmation.
Then short with a goal 1800.
In case of a bullish breakout of the underlined zone though,
bullish continuation will be expected.
Next goal will be 1950.
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
โฌ๏ธSubscribe to my social networks!โฌ๏ธ
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ