Currently: Cash Looking to: Short @ 1351
As of 6/10/19 at 1:18am EST: $1332.15
LAST WEEK: We suggested shorting at 1312.75 with stops on a close above 1315 and with a target of 1253.
UPDATE: Gold futures have continued to be on a tear of late. Gold made it up to the first of two possible shortterm
ceilings at 1351. The next projected ceiling comes in at 1360. We anticipate a pullback to either 1322 or 1302 and then another big move to the upside that should take gold up to 1400. Sell longs near 1351 and short near 1360 with stops on a close above 1365 and with a downside target of 1322. We also suggested getting long
at 1322 with stops below 1320 and a target of 1400.