Near Term Trend: Neutral
As of 5/13/18 at 10:00pm EST: 1,321.40
Last week, I suggested shorts at 1,341.90 with stops on a daily close above 1,343 and with a target of 1,273.
Gold still holding on barely likely due to pause in upside in US rates. Neither that pause nor the buoyancy in gold should last.
I would short bounces in gold to 1,324.60 with stops on a close above 1,327 and with a target of 1,278.