It s very clear now that, unless huge positive development happening with FED&CO, GOLD will need to jump back to the uptrend resistance making an higher high.
What you see on the chart is :
-HORIZONTAL WHITE LINE, one month fib retracement level
-HORIZONTAL RED LINE, two weeks fib retracemente level
-VIOLET , new uptrend with
I will use those levels with their respective break-out and with the help of divergence, economic calendar and , to enter and exit trades while going up to the higher high which I think it may be around 78.60% fib level and historic resistance 1267.00, exaclty where resistance and fib level cross each other.
TRADE SAFE !!!!!! LESS IS MORE !!!
Cheers and thanks