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.
Comment:
first TP1 target HIT !!
Trade closed: target reached