Analysis for ‪XAUUSD for the week of July 10, 2016

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