Watch price as it continues to work the Lows. Either the end of London session or Beginning of the NY session will put in a New Hi in place. I believe price will continue to rise a little and consolidate around the Hi but look for your Break and Retest and timing for the ride back down.
Comment:
Now that London has taken out China Low and put a new Low of Day in place, look for price to either rise back to that Hi or NY Session will take the Hi and dump back down... Still in all until the yellow channel is broken will I consider Gold on its way officially back down....