Gold ended higher on Friday after consolidating the support area 1325-1330 (31/01/2019) to keep the possible bullish scenario as long as the pair remains above the ascending trend line shown on the daily chart and may return to the 1345 level The second achieved on 20/02/2019), which breached it may push the price to the next resistance level at 1365.
A close of at least four hours below the ascending trend line shown on the daily chart might be enough to end the bullish scenario and the price could then head for the 1276 support as the first target and then the 1250 support as the second target.
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