Gold Spot / U.S. Dollar
Short
Updated

GOLD: (XAUUSD) daily short


Gold was able to pump up 1755 a major support zone previous from August 2020.
with these week's supply it has been able to form horizontal structure and a resistance line of a rising parallel channel .
daily selling opportunity may thus present itself following a bearish break out

possible entry zone around 1867.75
with a TP1 and 2 of around 1755.55 and 1749.30

In case of a bullish violation of a yellow structure cluster, the setup will be invalid.
Note
first TP1 target HIT !!
Trade closed: target reached

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