Gold inclined, stabilizing above the psychological level of 1250.00, which assisted bulls to approach 61.8% Fibonacci at 1260.00.
Stable moves above 1260.00 will prove the bullish tendency and the effect of moving above moving averages.
ADX is also moving bullishly along with RSI, and those factors are good for bulls today.
Support: 1250.00 – 1242.00 – 1238.00
Resistance: 1260.00 – 1272.00 – 1281.00
Direction: Bullish