Gold managed to achieve some bullishness benefiting from the support around 1262.65 where Gartly harmonic Pattern completed despite not being ideal. Stability above 1262.65 is positive but confirming positivity requires today trading again above 1280.30.
We will benefit from any opportunity to approach 1262.65 to buy gold, but will place stop-loss below 1250.00 in order not to change the pattern to the bullish harmonic Bat Pattern. Of note, breaking 1250.00 and stability below it weakens the positive expectations.