A possible break out , and a retest of the previous highest point
After a previous up trend move , depending on the price reaction at the resistance level we might see an up trend impulse to reach around the 20.00 level for the next coming days
After a break of the resistance level , it is expected that Gold might continue its up trend impulse around the 1840 level for the upcoming days
After a trading range in the daily time frame it is expected that the gold continues going up according to me
After a bullish impulse , it is expected that the price go down then continues up in a trend continuation
Since we are in a strong bullish trend , according to me we might expect a pull back to the previous structure level then an up trend continuation
As we can see there is a break point and an up trend impulse , so according to me we might see a move back to the previous level of structure then an up trend continuation .
As we can see we are trending inside a channel in the 15m time frame depending on the price reaction at the edges , we might see a break down or a break up.