XAUUSD 1H (25.06.2014) Tech Analysis

FX:XAUUSD   Gold Spot / U.S. Dollar
107 0
The XAUUSD 60m diagram for technical analysis , shows the following:

There is a smooth uptrend channel where XAUUSD consolidates over and now under the KUMO for almost two days.

The MACD and RSI has recently give a bull sign. The price is above the EMA 200.

I think that anyone could take a clear position only under (short) or above (long) the KUMO or even better under or above the channel.

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