As consolidations go towards the end, direction should be clear

For the past week, the consolidation has made it clear that if Gold choose to break up, the 1800 neighborhood WILL NOT HOLD.
I put my bet on the long as this week passes by.
You can see my logic from the chart.

Plan B: if gold chooses to break down, a breakout trade shall be in place.

Note

watch out closely for breakout, more importantly, validation.

Note

price broke up, targeting for 1810, 1820

Note

let's see if it breaks 1823, if it does, the target area will be 1830.

Note

still holding my positions, if price rip through 1830, then 1840, 1847

Trade closed: target reached

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