We can see that gold is heading to daily support. However i am staying very neutral, because i want to see how this daily candle is going to close. There is a possible Head and Shoulders in play, as we need to be careful for that.
Very nice opportunity's heading in our way. IF this neckline can hold there is a nice long opportunity in play IF this neckline doesn't hold there is a short opportunity in play with next support +- 1260.
Comment
⋅
GOLD perfectly spiked into our buying zone. Taking 50% profits here and will let the rest run.