Sell rallies is my strategy

As almost everyone has anticipated, Gold reversed from 1680-1690 zone support and now is trading 200 pips above this important zone.
However, in my opinion, this is not a reversal of the leg down from above 1800 started in mid-August, but just a correction.
Looking at the posted chart we can see that above 1720 is a strong confluence resistance given by the horizontal old support and the falling trend line and here traders shoul look for selling opportunities.
Only a daily close above 1730 would change this mid-term bearish outlook.

Best regards

Mihai Iacob