Near Term Trend: Neutral / Bullish
As of 3/9/18 close: 1,324
Last week, I suggested buying gold at 1,296.50 with stops below 1,295 and a target of 1,434.
Gold is holding up remarkably well given the fact the US Dollar and interest rates have been on the rise. Makes me wonder what kind of geo-political strife might be getting priced in to things here. Technically, nothing has changed since last week.
I would still be buying gold on a drop to 1,296.50 with stops below 1,295 and with an upside target of 1,434.