Gold Long for This Week

FX:XAUUSD   Gold Spot / U.S. Dollar
141 1 3
Will touch 1300 before continuing the Bear until 1212.. I'm taking a more conservative approach for Target Profit at 1290 because of a slanted resistance ( gold             line).
Keep an Eye on MA 20, it's the key to decide for opening a position!
Comment: We are forming Head and Shoulders this time.. so keep your eyes on to see the reversal happens. Although nothing is 100% certain in trading world, we still can have confirmation where the bull momentum after HNS is done, therefore I set long point now at 1266.
Comment: Resistance now 1276 & 1290
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