Month chart - facing huge resistance @ $2.01 I;ll wait for a close above $2.01 so i can average up.
Day chart - triangle setup has broken to the upside but wait for $2.01- 3 to clear for confirmation. no need to rush this trade. both long and short term charts looking bullish and GOLD will head higher as the Fed will keep monetary policy loose. Fed funds rates will rise but cheap money is still buying up those Govt bonds. the FOOT is on both the BRAKE + THROTTLE. in the end the car will wear out and the market will implode.