Gold rejected at 1205. Then grinded sideways.
Needs to punch through 1205 next week to target 1220. Another rejection and decline may put in a double top.
Now in the timing zone for a correction. But bullish after that.
Sorry this is three charts rather that one but have not worked out how to put update chart into original idea.
Got to be the simplest chart on...
Halfway through the week and gold on track but grinding sideways. Need to have a punch through 1205 to target 1220 this week. 1220 might have to wait to next week, we will find out on Friday.
Not trading advice.