OANDA:XAUUSD   Gold Spot / U.S. Dollar
We have had a 3rd tap on the D1 Bullish trend line and also broke above the H4 Bearish trend line. In the picture posted i have marked out what we could expect on a lower timeframe for a more precise outlook. I am expecting accumulation until tomorrow where we could see a pullback to the H1 Bullish trend which will also line up with the 61.8 Fib level. Be aware that we are in a range and haven't yet closed above. We need to see today close as a Daily Bullish candle above the H4 bearish trend line for more confirmation for long trades.
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