I think noone can tell now what will happen in gold .
Looks like it wants to break out from the soon, but we might get a curveball and it goes down one more time to the lower leg of the or at least to the 300 .
And there is always a chance with this numbers that we break down from the (breakdown would be below 1223)
Only sell this short with a stop at 1247.1. If we break up from the it could have a crazy rally...
Who are still in short with me with the half position can give back that half position with this stop. THe worst could happen we come out with a minimum profit.
Coldblood traders can wait till the lower leg of the at 1225 and take profit there.
Thanks for Your charts!