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YardleyRosette
Apr 26, 2017 2:54 PM

XAUUSD -Gold/Dollar: Possibilities Analysis 

GOLD / U.S. DOLLARICE

Description

Since price has been following upward to retest resistance (down/green) trendline, it can attempt to test other resistance: the past high swing & resistance at that price as is (blue line).
Test of these prices resisted may be needed to ever start a short condition, yet Daily TF:(Following image) shows attempt at resistance (MBL slightly upward (yellow line), but green/red moving down), so I assume price will rise higher most likely to later form a better sell opportunity as it now slightly consolidates to [black] "subtrendline" or the [red] uptrendline.

Comment

D1^

H4
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