GOLD XAUUSD

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GOLD XAUUSD Gold/US DollarSAXO:XAUUSDShavyfxhubGOLD ,going by the price action from our current rally from the 3720-3717 zone which is a strong 1hr demand floor from the line chart perspective. the rise from 3720-3717 moved on to reclaim 3733-3736 which is setting itself up on 1hr ascending trendline and kept this buying pattern on demand floor of the trendline . the hight of the day came at 3782-3785 zone as called before and we are seeing it from correction perspective into 3761-3758 demand cross interchange connecting 1hr SR/RS and price closed on 1hr support of 3761-3758. if we go by rules of break and retest then selling might deep itself into 3745 and last hope on the descending trend touch which will be around 3736 before we give up on buy ideas. the current 1hr descending trendline will call for retest on the following zones for forward guidance and context. RESTEST AT 3745 RETEST AT 3736-3739 KEY DEMAND 3720-3717 KEY DEMAND 3694-3690 TRADING IS PROBABILTY . #GOLD #XAUUSD