Gold inclined above 1260.00, supported by the positivity above 61.8% Fibonacci and that could help bulls to resume their northern trip.
Areas of 1280.00-1281.00 are targeted, while a breakout above these levels will ease the path towards 1300.00 as far as 1250.00 hold.
Support: 1260.00 – 1250.00 – 1242.00
Resistance: 1270.00 – 1281.00 – 1300.00
Direction: Bullish
