Gold 4h and 1w

Gold 1 week chartThe (broken) long term ex-resistance is seen @ 988 or so. This is the upper part of the "massive triangle" (bottom part is not shown). Because it was broken, now it must act as support.

Gold 4h chartWe got kind of correction to about $ 992 or so. Now we may see rice to $922 area or may be even higher. The test of massive triangle (brown line @ 970) is not impossible.

Disclosure: Bought @ 995.