Solid surge back over 1200 to the bookend 1211 this week but...

Solid surge back over 1200 to the bookend 1211 this week but resistance too strong and both failed- many people happy to sell on these short lived spikes up in price imo

This last big rise was as eu and uk were thought to be lifting interest rates- both held off and gold
Sold back down

Near term expecting 1177 test as rates in USA will rise despite many seemingly still believing fed will hold off despite their constant telegraph- if they held off then you will see a market correction in my view as this would create uncertainty- I can’t see them risking a meltdown