Jnwsk
Long

Analysis for ‪XAUUSD for the week of July 10, 2016

FX:XAUUSD   Gold Spot / U.S. Dollar
On the weekly chart as shown price is starting to meet with major resistance. Will price go through it completely? Who knows. But what I do know is that it will continue to move higher.

Looking at the daily chart there are HH and HL being created. There was a nice bullish pinbar showing bulls are still in control.

So looking to go long lets look at the 4H cart. Ahh a beautiful bullish cypher is forming! And the completion would be right at support 1313.76
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