Gold price continues to move sideways in a more complex structure but also holds above the important support of $1,200-$1,210 keeping bulls' hopes alive .
Yellow line - medium-term support
Gold price remains above the Kumo (cloud) and above both two support trend lines. Support is found at $1,230 in the short-term and at $1,210 in the medium-term. Resistance is seen at $1,254. As long as gold price is above $1,200, bulls will stay in the game for a move towards $1,300.