Gold possible up move start here

Gold has been retraced since the early of this month and another down move after FED rate hike.
As I see now it look like support at 1240 level can hold the yellow metal price. The price also break 1H trend line as show in pic.

So I think this place is one of the better idea to bet for the next up move of the gold.
Buy now and Stop loss just below 1240 level.

Komentarz:

Last Friday gold price go up and nicely touch the resistance around 1259 area as my prediction. Then I want to update the further idea that I still believe the yellow metal will go higher than this level next week.

Next price level to focus after break 1259 is 1262 and after somebody may shoot it to 1280 level again.
SL is move up from 1240 to 1251 usd