Multiple time frame correlation in addition to multiple time frame +CoG confluence and a very obvious uptrend. Price appears to be in the corrective phase, pulling back into HTF Demand where we will be looking for entries.
Looking for price to stay above 157.75 for a new leg up into 162.xx-166.x zone.
just wanted to try analyzing gold. so, i'm no gold expert, but in the upcoming days i think its going to bounce off .5 on fibo move to .618(looking to be a critical level to me) and possibly reach .786 if broken; which is at the top of the channel. OR it could break the channel falling through .5 and head towards the level below.