Gold maintains fluctuations within a sideways range above 1308.00-1300.00 key support levels, and the main ascending trend line that carries the bullish correctional wave, and accordingly, the bullish wave continues to be intact. Only a break below 1300.00 will damage it and signal a downside reversal.
Support: 1308.00, 1300.00, 1294.00, 1285.00, 1275.00
Resistance: 1322.00, 1338.00, 1350.00, 1360.00, 1365.00
Recommendation Bullish above 1300.00 to 1322.00,1338.00 and 1360.00. Invalidation and bearish below 1294.00