XAUUSD 1H (27.JULY.2015) TECHNICAL ANALYSIS TRAINING

XAUUSD 1H Diagram Technical Analysis shows the following:

The XAUUSD 1H is on uptrend above the blue line support. The 1104 level is a local top resistance on its move. The candlestick pattern is correctively bearish.

XAUUSD is above the KUMO and the SMA100.

If XAUUSD react on blue line support and bit the resistance @1104 then long for SMA200 target.

Stop loss below blue line resistance for some consolidation.