Currently: Cash Looking to: Short at 1,319.80
As of 3/22/19 close: $1,313.35
LAST WEEK: We suggested selling longs at 1,310 and shorting near 1,320. We suggested covering shorts and getting long near 1,286.
UPDATE: Gold futures may have a bit more upside in the short-term coinciding with similar projected short-term strength in the EURUSD cross. Once that burst higher plays out, though, down both the euro and gold should go. We would be shorting gold at 1319.80 and/or 1325.25 with stops on closes above 1320.50 and 1326.50, respectively. We are looking to cover those shorts down at 1263 now.