50% retracement of daily rally + 100 MA support seems promising. Aiming 22.7 and 23.7 as targets (50% of pos and 50% of pos)
This is a general pattern how $XAUUSD heads higher. Looking to find resistance at 1264-1265 or head lower from here to around 1257-1258. After seeing a bounce from there to around 1260 I am taking a long and targeting 1270
1285 up next $GLD
Waiting to see if bounces from the 50% Fibo to 1265-1268 range. Then long
