Spot gold is currently trading inside a strong resistance zone on the daily chart. A decisive close above 1231.5 can take it to 1252, 1301 & 1339 levels.
Long can be initiated at 1231.5
Target 1: 1252
Target 2: 1301
Target 3: 1339
Stop: 1195
Long can be initiated at 1231.5
Target 1: 1252
Target 2: 1301
Target 3: 1339
Stop: 1195
Trade active
Comment:
Resistance cleared! Should make a good move upwards now!
