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