The Yellow Metal shines for now

Gold has been a great performer to start the week and is nearing a monthly range high set back in November. I wish I had caught this breakout but now we wait and watch. I want to see how price reacts to the range high before I make any moves. Rate have change has been strong so there is potential for continuation but I dont want to chase price before it reacts to the monthly range high. If you are already long, the 1911-1901 is the most recent support area from the weekly range breakout of this week. As long as prices remains above that level the trend is to the upside.