Gold is in a triangle, but it will shortly leave it uptrend resistence is stronger than the downside one. ether it breaks one or another it will shoot upt 1340'ish or down to 1250'ish.
Wait for a touch in the tendlines and a signal of bounce.
If breaks one of the trendlines wait for retouch and the enter.
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Gold reached the 61,8% fib retrace.
Its on a downtrend forming a new higher low.
it could go on to 1286~1294 or it could just fall now.
What do you guys think?
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