• Pattern formed – Triple top
   
• Major resistance- $1310 (61.8% retracement of $1352.57 and $1241.50).
   
• The yellow metal retreated sharply after FBI gives a clean chit to Hillary Clinton Emails.Gold declined sharply today morning after making a high of $1307.
   
• Gold  upside capped by 61.8% fibo level. Any break above 61.8% confirms further bullishness. Any violation above $1310 will take the yellow metal to next level till $1314 (21- W MA)/$1322 in the short term.


• On the lower side, major support is at $1286 (34- day EMA) and any break below targets $1278/$1260.
  
  It is good to sell on rallies around $1300-$1302 with SL around $1310 for the TP of $1285/$1278