If gold returns to 1739, it exist a nice price structure to the downside. The new high will let us evaluate where we put our stop. However if it touches first 1756, it won´t be a short setup. Target will be 1708.
According to my analysis, Short trades are my option to trade. I´ve seen, less volume and a first trade. My 2 hipotesis are, a new fail high, entering the big zone to return 1935 area with a high probability setup for first target on 3805, fibo´s 61.8 and a second new target at 3718.
Patron del 90% al alza en el oro. Doble piso para pagar arriba al 61.8 y negar el total del movimiento