Gold Technicals : Bullish as long as price > USD 1280

 

Gold Price goes on with its Higher lows marks since 2 1/2 years.

Last week bottom in the 1280 area and bounce from there forms the 5th higher low (see green ellipse) since early 2016 and should this action continue , Gold price will test again the long term resistance in the USD 1360-1380 zone.

Bullish Long Term .

Bullish Short term as long as 1280 holds … for a retest of USD 1360.