Gold is failing to break the resistance so far i ll be watching closely at the price action to see which direction it takes! two senarios if a 4hr candle manages to break and close above 1294 i ll go long otherwise shorts are coming!...
wait for price to close above the 1270 area and go long...or alternatively wait for the price of the daily candle to close above the price of yesterday's candle target 1295.xx price was rejected at 1249 support