Gold markets fell during the course of the week, testing the $1300
level. This market bounce from there, but the candle was in exactly
supportive enough to get us too excited about buying. We certainly
wouldn’t sell though, as the market certainly has support underneath
that level as well. With that being the case, we think that the gold
market is essentially going to be flat in the short-term, with maybe
just the slightest of upward momentum. With that, we are necessarily
interested in trading this from a long-term perspective.
