As long as the support holds at the marked blue line, that stands as the key price line, the XAUUSD will bullish for a long-run as USD is set to bearish from the USD index.
Note:
Brics summit to take place soon this month.
Getting another touch to the support level, and at the trendline that suggests a bullish idea. It has always obeyed the touch of the trendline and the support level. Thus would suggest to the 94.403 zone.
It seem, to be on the support zone which might run to its lowest point (90.798) or falling for few pips before it the bullish, takes its time.
The most interesting is the past lows and highs that suggests suitable bullish for this pair. Though may take a day to confirm its pure up-crawl.
