Near Term Trend: Neutral / Bullish
As of 2/9/18 close: 1,318.10
Last week, I suggested buying dips in gold to 1,314.90 with stops on closes below 1,311 and with a target of 1,422.
Gold futures dropped down to initial support at 1,314.90 as the US Dollar rallied last week. The chart is still bullish and buys should be made near support.
Id buy gold at 1,314.90 with stops on a close below 1,311 and with a target of 1,422.