Near Term Trend: Bullish / Neutral
Fridays close: $1,287.70 (+ $4)
UPDATE: Last week, I suggested buying gold at 1240 with stops below 1234 and a target of 1303.
Gold has found some real long-side interest this week stemming from the increased geopolitical tensions. I can see gold running up to as high as 1351 now (even if this is just a macro correction to the upside).
Id be buying dips to 1280 or 1258 with stops below 1278 and 1256, respectively. Target 1351.