All levels on the chart.
1. Range breaking out after 6 years is significant.
2. Even if the price comes down, there would very difficult for it go below this range due to heavy accumulation over this period.
Gold has been in downtrend since 29-8-2011 to 17-08-2017 approximately, Just to put things into context.
Now, Gold closed above the trend line @ $1288.52 on last Friday. If it sustains above $1300 with good volumes then the uptrend in gold can be confirmed.
There are also Fundamental reasons for gold to move up as as mounting tensions between the U.S. and North...