Yesterday price have broken major resistance and closed above it.

gold

Today price retested that resistance as a support and bounce up from it again, so now we are moving up. This is another nice example, how we need to wait for resistance to be broken and retested and then only we could enter and trade into direction of current up move.
Chart with pivots attached shows us that we also broke MPP at 1113.25.

gold-pivot

So this could also act as a support at the moment. So next possible entry could be retrace to MPP or once we break and retest previous highest point at 1119.50 . Next major resistance I see at round 1142-1143 area. So lets see if price will follow our projection.

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