Currently speaking i am looking for AU to retest structure highs of around .77 before i will start to looking to add long positions into a swing trade. If price respects the monthly pivot (shown in the green arrows) and goes for a retest of R1, i believe we will see a break of 2015 structure highs and continue up to around the monthly R2 level (also shown with the green arrows). Chart i am using is 3 line break on a daily timeframe.
