FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Price is above the top Bollinger Bands on the weekly and daily time frames so price eventually does have to sell. Currently price is making a W formation on the H4 time frame and is buying just under the middle Bollinger Band on the H1 time frame. If price buys above the middle Bollinger Band on the H1 time then price could continue to buy to resistance zone 1 and then 2 and then sell overall. Price could also sell at either resistance zone.
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