Gold Weekly Technical Outlook

Gold's rally resumed last week by taking out 1263.9 resistance. Further rise expected this week towards 61.8% projection of 1045.4 to 1263.9 from 1225.1 at 1360.1. In any case, break of 1225.1 support is needed to indicate short term topping. Otherwise, outlook will remain bullish in case of retreat.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/gold-weekly-technical-outlook-2016030632469/