GOLD 1260'S SUPPORT !!!

GOLD has tested 1260 zone and has not been able to breach below and currently on the upside.

Double bottom from was probable, however caution required between 1260-1305 consolidation.

In my previous post the outlook is still in play:
XA= 1261-1305, B= 1280, C= 1285, D= 1248(127%*XA)/1233(162%*XA)

The B leg was a little premature at 1280 however B = 1263(Dbottom) and C= 1285(ab=cd 1287), C can also extend to 1292-1296, breakout above 1305 will invalidate the downside.
Break below 1260 then D= 1248(127%*XA)/1233(162%*XA)

Break below 1235-1225= 1205/ 1175/1122

Breakout above 1305
upside resistance= 1280-1305/ 1310-1325/1335-1350
breakout above 1357= 1375-1425.