Gold is preparing to challenge strong resistance at 1340 which would open the way for further medium term strength.. Hourly support is given at a distance 1326 (gap low). Stronger support lies at 1204 (10/07/2017 high). Expected to show continued increase.
In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low)
