is battling the 100 day simple moving average
and a downward trend line
has been decreasing which may indicate this move up is tired. IF gold
breaks 1225 with decent volume
, then 1240 is a given and 1250 is resistance. 2 possible trades here. 1. gold
breaks below 1200, easy short to 1180 OR 2. break of 1225, easy long to 1245ish.