Above is a Daily Chart of August Gold. Its hovering at 1350 resistance. I’d be a scale in seller at 1342 to 1348. A settlement above 1350 and I’d flip and get long.
I’d be a buyer at 1305 to 1300. We seem to be trying to flush out a bottom here, and if you’ve been following along, I would try to be a buyer at the 1300 level, scale in buying at 1307.
Look to trade this range and then catch the break out
It looks like it wants to go higher. But in the end, its more important to catch the move than have your ego stroked.
CER