XAUUSD is back on bullish trend after a false double top pattern, we have found the bullish trend by RSI ascending trendline , Parabolic Sars as well as MACD . The final concern here is the bearish trendline in the chart. We are waiting for price to break out of the trendline where the 76.4% fibonacci retracement lies !
Entry: 1728.39
Sl:1718.78
Target:1775.49