Gold rallies after FOMC meeting,
Strong support at 1280,
With 10 Days EMA crossing above 20 Days EMA that triggers buy in signal now
MACD and SAR both showing bullish signals
Using Fibo retracement, initial target 1322, next 1330, with 10 Days EMA as stop loss (or 1300 to be simple)
HSI made a concentrate breakthrough above 29000 and 29200, which are key ranging area and resistance levels.
A valid uptrend should no drops below 29000 (also approx the 10 days EMA), above that uptrend remains intact.
Upper level targets 29600, 29900 (orange resistance) and 30050 (Fibo resistance)