If Gold still strong bullish, She should break the yellow line up (as Chart)
If not,
Should rebound around the lower yellow line and should not break below the dotted line ( as Chart)
IMO Gold should drop into gray area and I will buy more in that zone
now I will scalping sell around this zone ( 1777 ) and hold short positions till it breaks up or down of the yellow channel
*** Invalid for long if break down a red line
#gold #xauusd #shortterm #sell #longterm #buy
If not,
Should rebound around the lower yellow line and should not break below the dotted line ( as Chart)
IMO Gold should drop into gray area and I will buy more in that zone
now I will scalping sell around this zone ( 1777 ) and hold short positions till it breaks up or down of the yellow channel
*** Invalid for long if break down a red line
#gold #xauusd #shortterm #sell #longterm #buy
Note
Sell scalping profit > 10 $partial close
Note
move remaining short position to break even.I buy back a little around this zone 1766-1768 too. S/L 1764
( because it hit yellow line support.)
Note
Scalping buy hit S/L only let Sell position ride this wave.Note
Next target of Short position.H&S formation.
Note
Last week H&S fail.Gold is back into Channel again.
we could wait till it breaks up or down to confirm direction( for the short-term).
medium-term stillBullish.
Note
Sell scalping after taking partial profit and move to entry hit S/L at entry now.wait Gold break yellow upper channel to follow buy
Good luck
Note
Nice BO 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.