Gold broke the triangle
The price broke and closed above the triangle and now we have a good technical opportunity towards previous highs for retesting them.
If the market can make a new higher high without a pullback scenario (=closing as a higher high) we can expect the retest of the next level around 1255. If this level cannot hold we can probably see more upside towards last years 1288 area.
If the market can make a new higher high without a pullback scenario (=closing as a higher high) we can expect the retest of the next level around 1255. If this level cannot hold we can probably see more upside towards last years 1288 area.
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