There are fast transitions, and the ones that represent long cycles.
Market finally came down to see the 1265.
I call this a temporary bottom for gold , and will go short only if 1262 broken giving new transition targets.
I said in my idea that bull is not fully released and if this wants to go up to some new fresh highs, it has to see 1265.
I am long from 1263, if Gold bulls want to drive gold up, you have chance now.
I still see the upper Permanent target to come first.
I am not sure will gold go up.. it can break 1262.. but 1265 was the temporary mistery target down here.. and since I am long I hope gold will not break lower to give new targets, because if we break 1262 - 1250 is on table, if we break 1250 - 1238 is on table.
Let the gold lead us now.. if it wants to go up.. it is the time, if it doesn't then break 1262 and let me short!
If 1262 broken, then flipp to short for 1250
If Goldman said this - do otherwise for now at least...