GOLD on various time frames telling different stories.
Starting with Weekly and it is bullish and itching to show it's true colors. I suspect a break higher to 1807 would do that.
Coming to Daily and we have an ideal tgt of 1860 been portrayed. The downside can see upto 1733-36.
2 different view on 8 hrs and while 1st 8 hrs shows only main supp 1702-05 and resis 1860-62. with break under to show a move towards 1660ish...
Other one shows upcoming main supps namely 1766-67 supp and resis from 1807-10 since inclining.. Though a break higher to 1810 takes us to 1860ish we do have a median resis in b.w around 1835-38 and expecting it to hold..
To be honest under 1766 there are alot of supp all the way to 1733.-35.. Hence ideally if gold can stay higher to 1766-67 it should be able to test 1835-38 out making way for a 1860ish test form there onwards..
Main supp wise 1766 followed by 1733 followed by 1704 (REAL IMP) and finally 1660ish..
Upside and 1810 followed by 1836 followed by 1862 (REAL IMP) and 1950+...