Gold has broken above major resistance near $1360 this morning after a healthy 2-week consolidation between $1320 and $1355:

Click to enlarge

GC_1-hour

The strength of the current uptrend is even more impressive on the weekly timeframe and shows all the signs of a strong trend that is only gaining in momentum:

Gold_Weekly_3.12.2014

Price is now equidistant from major resistance at $1425 and major support at $1300 - which will come first? $1425 or $1300?