terayu

Is Gold trying to make higher high?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I was looking short on GOLD and made a decent profit even though didn't reach my target. I was expecting pullback to 1885 and get rejection then go down. This weekly candle made GOLD bullish. Here are the few things telling me GOLD to go up.

1. Broke tiny down trend holding since MAY.
2. If you look at it was just pullback and preparing for higher high
3. Making higher lows also
4. The only candle broke the trendline is wickless.

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