GOLD RESUMES MEDIUM TERM UPTREND TO TEST 28.35

Gold broke its medium term downtrend on the weekly charts from 090522 to 281122 to test the Long term target of 28.60 (The level that started its downtrend on the monthly charts on 011211.

SHORT TERM UPTREND SINCE 041122

MEDIUM TERM UPTREND SINCE 281122

LONG TERM UPTREND SINCE 010716

PIVOT 22.21

Long positions above 22.21 for 28.35 and 49.60

Short positions below 22.21 for 19.53 and 16.29