Looks like gold found major it's support at 1160 and broke from the downtrend line after 2 months of consolidation. It might retest first the 1200 area before it will go higher. Resistance is seen at 1238 and 1262 while support at 1200.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
