Near Term Trend: Bearish
As of 12/15/17 close: 1,258.10
Last week, I suggested selling longs / getting short of gold at 1276 with stops above 1277 and with a 1210 target.
Gold made a short-term top at around 1,264.80 after bouncing briefly off of oversold levels. Im still bearish of gold right now and am maintaining my downside target of 1,210.
I would look to hold existing shorts and add to shorts near 1,264 with stops on a close above 1,265 and with a target of 1,210.