GOLD has not changed its bullish direction
After a short break the level 2/8 (1312.50) price could not consolidate below it. The situation is not changed, as STH4 still has the bullish color. Slight breakdown 2/8 can hardly be considered as a signal for further reduction. Short-term goal is the level of 3/8 (1343.75), the price could reach it already from the current position.However, it is better to wait for the return to 2/8, and then to make purchases.
Buy – 1313.00; sl – 1299.50; tp – 1342.00.