gold advise

I think we should keep in mind that Gold formed a spinning top on the monthly time frame below the resistance at 1280. It's quite possible it will continue falling and break below 1200.

From the current resistance zone on gold, around the 1257 level, the metal may go in any direction, but there is a higher probability of breaking to the upside.

Gold may go in any direction from the current level, but the bullish momentum is still in place, another visit to the 200 week EMA may produce a breakout.

Gold is testing 1230, but I do agree that it is very undecided at the moment. It's equally possible to visit both 1200 and 1280.

Going down again.

Looking to enter short at $1,266.

It's testing the resistance at 1235 at the moment. Considering the doji candlestick on the daily time frame above the support at 1230 it will break above it eventually, I think.

Still no clear direction on Gold. The commodity may just stay here for a while with the 200 week EMA still acting as resistance.

Bearish on Gold.

Gold keeps its bullish trend, but it may lose some steam around the 1300 level.

And long term maybe listen to Jim Rickards.

Gold couldn't break above 1300, formed a hanging man candlestick on the weekly time frame and started falling. It's currently testing the support at 1270, and I think if it breaks below that level it will reach 1262 - 1260.

Gold bounced off 1263, considering that range continues its next target is likely around 1275 - 1280 again.

Consolidating between $1,270-$1,280.

Gold has no clear trend in the midterm and now that it is at the 55 day EMA, it may go in any direction. possible resistance is still the 1300 level and support at the 1200 level.

Bearish on Gold.

Gold finally broke above 1300. We'll likely see a further move to the upside now.

Bearish on this one.

I am not so sure, it might still bounce off 1280.