Currently: Short Looking to: Cover at 1,286
As of 3/18/19 @ 12:25am EST: $1,298.50
LAST WEEK: We suggested selling longs at 1,306 and getting short at 1,310 with stops above 1,312 and with a
target of 1,286.
UPDATE: Gold futures topped out last week after testing projected resistance near 1,310 1,311 and
appear now to be headed down to the next projected target at 1,286. We would expect another bounce to
commence at or near 1,286 and would expect that bounce to take gold back up to 1,310 1,320. We would be
shedding shorts at 1,286 and getting long between there and 1,275 with stops on a close below 1,275 and with an upside target of 1,310.