Buy zone 1304 - 1300
I believe FED this week might pull the price a little bit lower from now, just the panic sell even they won't hike the rate.
3 Drive pattern might finish at 1302-ish, we have got trendline support there and we ready to go long on this trade.
Yellen's speech was a little disappoint me because my previous idea was about to long at 1320 but I expected another downside from Yellen to get better position to long Gold.
However, it's passed, I am now looking to buy Gold on the dip 1327 would be nice support level to go long. Target 1350-1355
I cancelled my previous long idea because tomorrow is the big day and gold might have a panic sell which can easily push price break the daily trendline (Purple colour) and make double top!!
= this is the reason that I will not long at "1320" or "1319".
Another support is found near the "Red" trendline which will be 50% Fibo at 1287.30 this is more likely to hold...