✴️ GOLD Daily timeframe. January 26

Gold is creeping up to the strong 1950 level. It's forming an energy buildup and we should expect a surge in the near term

1) Dense consolidation is forming.
2) The trend is uptrending, strong shadows mean energy buildup by the big player
3) Price forms a squeeze to resistance, volatility begins to decline
4) In the medium term we should expect a possible breakdown of the resistance area and the formation of an impulse to 1981