Currently: Cash Looking to: Buy @ 1,519.8
As of 1/10/20 close: 1,563.20
LAST WEEK: We suggested buying dips in gold to 1,526 with stops below 1,520 and with a target of 1,641.50.
UPDATE: Gold futures traded higher Friday after a very volatile week this week in connection with the tensions in the Middle East.
Technically, it looks like gold may correct a little lower before resuming its recent bullish trend.
We would look to buy dips in gold to 1,519.80 with stops on a close below 1,518 and with an upside target of
1,641.