Near Term Trend: Neutral / Bullish
As of 3/16/18 close: 1,312.30
Last week, I suggested buying gold at 1,296.50 with stops below 1,295 and with a target of 1,434.
Gold is in the same technical position as last week although its looking more and more like if 1,296.50 is tested, it could break. So, the advice is the same but with a special emphasis on honoring stops if levels are breached.
I would be buying gold at 1,296.50 with stops below 1,295 on a daily close and with a target of 1,434. If 1,295 breaks, no longs til at least 1,273.