When price broke out of the multi-years pattern and goes up, also increases.
When price pulls back, slows down.
So rising price with rising validates the uptrend.
I'm only interested in shorting gold for now (short-term) until November/December and expect a new higher low near 1200 level before the next big move.
tendencies in Gold - Lows in Gold is in November/December for the last 3 years (2013, 2014 & 2015)
Thank you & Safe trading!!