Based on the volume and compression, it seems like a good opportunity for a long position
if it gives the confirmation its a sweet long ahead
this is the place that the price got stuck several times due to the sheer volume!! if you see the confirmation... its time for a short
OANDA: XAUUSD. The trend appears to be bullish, but there is a minor resistance system in its way. It's recommended to wait for the price to react to the trend line. If the price reacts as expected, the next significant resistance would be an excellent opportunity to take a short scalp position. remember the trend is leading to higher peaks.