If it can hold and break 1170, then 1250 is not too far. But watch closely, any news trigger a selloff in gold. Long underlying + 1 month full ATM put + 1 month call ratio spread 1:2.
Then it has room to run even higher
Strong resistant at 135 level and accelerating decline with larger volume. A bit late but still have room to go until $105 for the first stop.
Thinking about a early bet since the direction is clear.
One year top formation plus earning day reversal.
Bank sector looks good. Trying to making new highs.
The longer it can hold, the greater chance the climb.