GOLD HAS IMPORTANT LEVELS TO WATCH NEAR TERM. 1296- 1185 IS A MIDDLE RANGE OF THE TOP 1372 TO 1126. TAKE ADVANTAGE OF THESE LEVELS AS IT BREAKS AND MAKE YOUR TRADING EASIER. AS YOU CAN SEE PRIZE IS CAPPED ABOVE 1296. I AM BEARISH ON GOLD LOOKING AT THIS PRIZE ACTION 1296 NEED TO BE TESTED BEFORE RESUMING A DOWN MOVE. HOPE THAT HELPS
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IF GOLD PRIZE RISES ABOVE THE 1307 THAT INVALIDATES ANY BEARISH MOVE HERE.
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1268 prize may be important to determine the near term direction on gold.
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below 1260 the bearish trend may continue