Gold extended the strong bullish bias to close the trading session above the main descending resistance shown on image, and the key horizontal resistance at 1338.00, and above the 50-days SMA, confirming a potential upside reversal.
Support: 1338.00, 1330.00, 1321.00, 1315.00, 1308.00
Resistance: 1350.00, 1360.00, 1365.00, 1375.00, 1390.00
Recommendation Long gold above 1325.00 targets at 1350.00, 1365.00 and 1390.00. Invalidation below 1308.00