Gold Bullish ModelGoldOANDA:XAUUSDTheTradingRegimenThis bullish model is fairly simple here. As we continue to trade against the US Dollar, I expect Gold to continue its journey to the upside. As you can see, there are few things that I'm looking at that all come together to create a pretty solid level of confluence. 1. One thing is the inverse head and shoulders. The left and right shoulder line up pretty well with the head extending down near the $4,283 level. 2. The other thing here is our fibonacci levels. Measuring from the most recent structure (LL to LH), price pulled back right into the 61.8 zone and is now pushing up. Just below this level would be a good area to place stops as price pushing lower would invalidate this move. I will most likely look for bullish confirmation on the lower TF (1H or 15min) before getting into buys.