FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Daily: Price pulled back to a major S/R level
rejecting it strong leaving a big wick showing
that there is a strong level of buying pressure
there, Also rejecting the 50SMA

H4: showing strong bullish pressure but has come
to a strong level of S/R and looks to be holding as
a level of resistance will wait for a B/R of that
level before taking anymore buys

H1: price looks to have formed a inverted
head and shoulders waiting for a breakout of
the neckline then the retest to take longs
price is trending strong yet so going to be
cautious and wait for more cleaner set up



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