Gold : Revise Buy Level Higher

• Was previously targeting 1030/1050 levels to buy.
• Supportive price action of past 3 weeks has forced a revision of those targets.
• Monthly : Uptrend intact albeit a volatile one. Strong support below 1100.
• Weekly : Evening Star sell-off seems to have run its course. Correction over, it seems.
  
• Daily : Bottoming process looks exhausted and starting series of higher highs and higher lows now.
• Plan : Will go long, possibly scaled down buying between 1100 and 1130.

• Gold vs EUR, GBP and JPY also beginning to show that previously deemed false upside breaks to be negated.
• XAU/GBP and XAU/JPY have both reclaimed 700 and 103695 respectively ie uptrend continuation.
• XAU/EUR is lagging but trade above 793 looks a certainty.