Currently: Cash Looking to: Buy near 1,479
As of 10/18/19 close: 1,493.35
LAST WEEK: We suggested buying dips to 1,479.10 with stops below 1,478 and with a target of 1,575.
UPDATE: Gold has been weighted down by the move out of safety and into risk assets. However, gold is refusing to close below key technical support so far.
That gives bulls hope and confidence that another big rally may occur soon.
We would be buyers of gold down to support at 1,483.50 with stops honored on a daily close below 1,482 and
would look to take profits up at 1,567.