GOLD Is Testing The Resistance

As I expected, GOLD continued to rise until it reached the resistance at 1166.20, which is visible on the weekly filter chart. It bounced off the resistance, but in my opinion that is only temporary and it will probably continue testing that level. The question is, just how high will it climb should it manage to break above that resistance? As you can see from the screencap above, the move to the upside will likely continue at least until it reaches the resistance coinciding with the upper trendline, which is around 1250.