Replies to post #7745 on 123Tom's TA study group

[123tom]

Daily Gold chart

Support show some strength at 1280 area. resistance overhead at 1300-1325. Break out above 1325 could generate buying strength. Does the Cartel want to allow that right now.

Capping zone looks like 1300-1315 area and generates a drop down to retest 1280 support. The lower targets are waiting but will it be allowed.

not much difference between buying at 1280 and 1260