Currently: Cash Looking to: Short @ 1,865.73
As of 7/10/20 close: 1,801.90
LAST WEEK: We suggested buying near 1,753 with stops on a close below 1,745.30 with a target of 1,828.50.
UPDATE: Gold futures made it up to the 1,828.50 long-exit target this week and pulled back initially.
We still think theres a chance gold marches up to our higher 1,898.80 target (adjusted higher this week) so were holding off on shorts until that level is tested.
We would look to short at 1,898.8 with stops on a daily close above 1,905 and with a downside target of 1678.