Fxwirepro: Gold breaks fresh 5-month high

Fxwirepro: Gold breaks fresh 5-month high against the backdrop of geopolitical tensions, it is better to buy on pullbacks

• Yesterday, gold struck a fresh 5-month high against the backdrop of geopolitical tensions in Syria and North Korea.
• The yellow metal rose slightly after the US missile attack against Syria in response to the use of chemical weapons by the Syrian government.
• Break above $ 1275 (161.8% adjusted $ 1,261 and $ 1239.388) toss gold to $ 1280 / $ 1306 (161.8% adjusted $ $ 1263.87 and 1195.12).
• The next key support lain down in the region of $ 1256 (200-day MA), which is below the breakdown utyanet asset down to $ 1246 (38.2% adjusted $ 1195 and $ 1279) / $ 1235 (day Kijun-Sen) / $ 1,228.
  
  
  It is recommended to buy on pullbacks in the region of $ 1265 to the level of stop loss $ 1255 and take profit $ 1300 / $ 1306.