XAU closed very Bullish however Im expecting a retrace for gap fill.
Looking at a 1st pullback to complete at 1738-43 Zone for retest before either going back for 1779 or breaking below and creating a low.
Other scenario is a retest on 1775/79 Zone and rebounding downwards.
A break up is very unlikely without a decent correction on my analysis.
Currently short to 1738-43 where as I may place Buys on how it reacts on that zone.
Temporary short
Long Term Bullish
Looking at a 1st pullback to complete at 1738-43 Zone for retest before either going back for 1779 or breaking below and creating a low.
Other scenario is a retest on 1775/79 Zone and rebounding downwards.
A break up is very unlikely without a decent correction on my analysis.
Currently short to 1738-43 where as I may place Buys on how it reacts on that zone.
Temporary short
Long Term Bullish