Two scenarios for gold to go

Case A: a small base to build around 47-50 and proceed at least to 1260 where a break must happen to attach 1280
Case B: a deeper correction into 1228-1236 zone and from there move to 1280 on a powerful impulse

Operación activa:

Stop should be moved to B/E by now. Nice move up already around 1.5-2 Rs