Currently: Short Looking to: Cover @ $1,261
As of 4/14/19 at 10:58pm EST: $1,291.10
LAST WEEK: We suggested shorting up to $1,305 with stops on a close > $1,310 and with a target of $1,261. We suggested buying down at $1,253 with stops on a close < $1,248 and with a target of $1,420.
UPDATE: Gold is in pullback mode after nearly touching 1,310 last week. It still looks like a move down to $1,253 - $1,261 will occur. We would be covering shorts at $1,261 and looking to get long of gold down at $1,253. The target on longs, as mentioned here in recent reports, will be $1,420.