Gold has broken out of its downtrend and broken above structure @ 1725 and created a higher high. it is quite plausible that price will go to retest 1725 and continue up. the reason for this is because previous resistance should become support. When this is combined with the Fibonacci retracement tool we can see the .618 level lines up with said structure giving a confluence of support. if in this area a valid entry presents itself the 1740 level can be targeted. if my criteria is not met i will NOT be taking any trades on Xauusd