GOLD HAS BEEN CONSOLIDATING FOR ONE MONTH AFTER HUGE SHARP V FLIPED. CURRENLY IT'S NEAR THE RESISTANT OF CONSOLIDATION ZONE. I DON'T HAVE CONFIDENCE TO TAKE LONG IN THIS SITUATION. MY TRADING PLAN WILL BE 1. IF BREAKOUT OF THE ZONE >> WAITING FOR PULL BACK AND TAKE LONG. 2. IF DOESN'T BREAKOUT >> WAITING FOR RETRACE BACK AND TAKE LONG AROUND SUPPORT ZONE AROUND...
I’m on Bearish side and take more short positions when price action trigger.
Waiting for trading event area around 1700 to taking LONG POSITION
Im taking SHORT at any trade event area ( Support, Resistant )
I'm still waiting for XAUUSD drop for 1700, any retracement level.
LOOKING FOR SIGNAL AT 1700