Gold retracing to resistance level critical level1307.

From chart, we can see the comparison between the breakout in 2009 and 206. Retrace happened after each breakout but in 2009 the price managed to stay above the last high. Now I am watching the 1307 level closely and expecting that it will keep above this level. However, a move down below 1307 will still not change my long view on Gold. My long positions have a limit at 1280.

GL.

Comment:

Sorry, it's 2016.