As this price , Gold have many way to go Case 1. If Gold can break two support Gold can drop to 1266 - 1254 and Start to Long term Bullish. Case 2. If Gold Stay higher than 1276 Gold should rise again and try to break resistance around 1293 so we should see Gold more than 1300 again and Start to bullish. How to Trade: 1. Simply way wait till meet sup or res and wait to confirm break or rebounce 2. Bet on that with tight s/l I short around 1286.2 on last idea so overall I bias in Sell.
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Gold meet support A. if we have sell on upper only wait and cheer to dip more if not have any position ,may buy now and sl around 1276
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Gold can break supp A so close all buy and keep Short position
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after close buy and sell by break supp A Gold rebound and go to TP of buy limit zone for who hit buy limit zone in chart may close partial and Start to sell again if it break up trend line we will consider again to buy