Gold: More upside after broken R at $1212 turns to S

Broken resistance at 1212 has held as support
Preference: go long

Scenario A) Price pulls back to 1220 round number & short term S/R at 1219 before moving up to 1237
Scenario B) Price takes off with minimal pullbacks
GoldgoldideagoldusdMultiple Time Frame AnalysisSupport and ResistanceTrend AnalysisXAUUSDxauusdlong

Related publications

Disclaimer