Several positive signals are showing on the daily graph, starting with stabilizing above 61.8% correction at 1260.90 that could trigger attempts to 50% correction at 1285.15. We notice positivity on AROON Indicators, in addition to a positive crossover on MACD. All these signals are accompanied by Linear Regression Indicators turning positive, and yesterday's candle is also considered positive.

All the referred to catalysts forces us to think that the upside move will extend today. But the pair will face two signficant resistances around 1278.00, and the second is represented in 50% correction at 1285.15. We will depend on the positive classic signals to suggest bullishness today, as this possibility remains valid by stabilizing above 1260.00.

 

Based on the above, buy gold above 1270.00 targeting 1278.00, 1285.00, then 1293.00 and stop-loss below 1259.00.