After a slight correction from the resistance level of 1291.60 - 1294.20, gold resumed its growth and now the price is testing this mark. It should be noted that the price growth was sharp and on large volume, which is an excellent bullish signal. Thus, the most likely option is a breakout of the resistance and further price growth, so long positions are in the priority for gold. Sales should be opened after a confident breakout of the level of 1291.60 - 1294.20 on increased/large volume. This is a necessary condition to avoid false movement and get a more accurate entry point. A stop loss should be placed under the volume breakout bar. The deal's potential is more than 150 points.
The bottom line: long positions after a strong and sharp breakout of the resistance.