Currently: Cash Looking to: Short at 1,215.80
As of 9/21/18 close: 1203.40
Last week, I suggested selling longs at 1,217 or 1,248 with stops above 1,222 or 1,250 and with a target of 1,119.
I am forecasting a possible bottom in the US Dollar in the short-term. That bottom in the greenback should be accompanied by a top in gold. Last weeks high in gold was just under 1,216 so the sell the rally call in recent reports remains intact.
I would sell gold on any bounce to 1,215.80 with stops above 1,222 and with a target of 1,118.