GOLD breaking out (yet again)

Re-drew my chart again but this one looks to be a more significant breakout as it did so against a confluence of resistance levels. Waiting to confirm by a daily close above 1,935 (red line).

Still watching this slow grind with utmost interest.

Comment:

Gold looks set to disappoint breakout buyers again. Today's sell-off could be the start of another bear leg in this weeks long trading range/consolidation. Let's see how the day closes. Part of me thinks this could be a bear trap. Only way to confirm is to wait any follow through action or otherwise.