Currently: Short Looking to: Cover @ 1,837
As of 10/19/20 @ 12:52am EST: 1,903
LAST WEEK: We suggested selling longs / getting short at 1,934 with stops on a close above 1,940 and with a target for covering at 1,836.
UPDATE: Gold futures have been holding up despite the fact that it appears like they have more downside work to do. Gold should have very short-term resistance at 1,921.80 and should eventually trade down towards either 1,836 or 1,798 1,800. We would look to sell longs / get short of gold near 1,921.80 with stops honored on a close above 1,925 and with a downside target for covering shorts at 1,836. Look to get long only at 1,800, though.