Gold - The big picture
Scenario 1:
Breakout above 1,265 USD and bull run towards 1,300 USD.
Then consolidation between 200 MA and 1,300 USD
Scenario 2:
Consolidation around the 200MA until early summer.
Then breakout.
Scenario 3:
Another deep pullback within the triangle.
Breakout above 1,265 USD later in the summer.
Breakout above 1,265 USD and bull run towards 1,300 USD.
Then consolidation between 200 MA and 1,300 USD
Scenario 2:
Consolidation around the 200MA until early summer.
Then breakout.
Scenario 3:
Another deep pullback within the triangle.
Breakout above 1,265 USD later in the summer.
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