FX:XAUUSD   Gold Spot / U.S. Dollar
Based on M30 timeframe, I can see that the Gold try to breach the last high and try to maintain this level as the new ground.
The Recent Low @1256 is the area that will turn Gold into a Sellers Territory if it can be breach, but as long as the price above this level it will be count as a Buyers Territory.

If Gold price can close above the Resistance @1270 today, there is a chance for Gold to move higher then the previous range between @1265 - @1270.
Anticipate NFP this friday, if NFP is release under the forecast. There will be no doubt for Gold to attempt the last high @1296 and try to maintain above the @1300 level.

Key Levels :
* 1275 ( Fibonacci Retracement 0.236 )
* 1270 ( Recent High / Resistance )
* 1265 ( Bridge Area / Small Support )
* 1256 ( Strong Support )

Right now I'm still holding Long Buy Position with Stop Loss below @1263.

Good luck and happy trading, feel free to leave a comment and share your thought.

Click " Like " if you find this analysis helpful!
Thanks
Trade closed manually:
For safety reason, I closed my Buy position around 1269.
My stop loss is safe, last day the price try to reach the Strong Support. But it doesn't hit my stop loss yet.
Today is NFP release, so I decide to not speculate with the news.
Good luck guys, happy profit :)
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.