Currently: Cash Looking to: Sell @ 1,498
As of 7/21/19 @ 8:29pm EST: 1,427.60
LAST WEEK: We suggested selling longs at 1,488.70 and shorting between there and 1,512 with stops on a monthly close above 1,515. The target was 1,345 1,367.
UPDATE: Gold rallied again last week and is progressing ever closer to our projected resistance / test at 1,488.70 - 1,498.90. Based on the charts this week, we would be selling longs at 1,488.70 and shorting up to 1,498.90 with stops on a monthly close above 1,505. The downside target on the first drop from those levels will be 1,332.