Technical update:- The 1H gold chart shows a market that is shifting in direction.- In March, xau/usd was sliding and found support at the end of the month around 1277. - Then, it was trading in a triangle.- Last week, the market ended with a push above the triangle and above the 1300 handle. - This represents a change in direction towards the bullish mode. (xau/usd 1H chart, 4/7)Cluster of support:1) Around 1290, there is a cluster of factors to consider as support. It is the middle of the triangle, and if the market is indeed bullish, then it should hold above 1285-90 area. This would represent a respect for a price bottom, strengthening the bullish case.2) The 200-100-50 hour SMAs are around 1290 and can provide intra-day traders with visual support.3) There is a support/resistance pivot area around 1290.4) There is rising trendline developing around 1290 if price gets there within the next session.Upside risk:Will gold put in a price bottom from last week's price action? If so, we can be looking for a retest of 1317, then possibly up to the 1342 pivot within the next 2 weeks.