gldph

gldph

Like if you agree. This is what I expect to happen. A reversal back inside the trend area before rallying up to a new ATH. :D

gldph

Two ways may happen. Either it may bounce off from the upward trend line and reach/pass the current high, or it may breach the line down to the nearest support. Like if you picture the same. :D

gldph

I'm betting that US Dollar is about to align back up to 92 and 93 area. Like.

gldph

This will possibly hit 1.19300 area before ascending. Like if you agree.

gldph

While the general trend is still upward, on lower timeframes a little reversal up to 142 area can be expected before its possible bullish continuation beyond the current resistance. :)