We could possibly be in a clear uptrend from this point, nice bounce off of the daily support.
If we start to see the bulls take control from here I see a great deal of people all seeing this same H&S and reacting with long positions. Will be watching and updating when the momentum starts to shift, you can see the momentum cross above my Stoch/RSI chart. When I start seeing Higher Lows on the 30m - 1hr - 4hr - charts I will update and show how the momentum...
Looking like a H&S and also due to the trade deal signed with China the DXY should start to go back up which results in Gold being bearish. Not to mention bearish cycles in the Elliot waves the past few hours.