Near Term Trend: Neutral / Bullish
As of 1/5/18 close: 1,320.30
Last week, I suggested buying dips in gold to 1,274 with stops below 1,264.50 and with a target of 1,402.
Gold futures put in another strong performance this week. I still see higher prices ahead and would use any dips to buy into this rally phase.
I would be trying longs at either 1,304.60 or 1,269.10 with stops below 1,303 and 1,268, respectively, and with an upside target of 1,391.70.