Gold

Gold to break 1300$ ...

www.silverdoctors.com/breaking-massive-f...plaza-force-majeure/

A CONTINUED BULLISH TAKE ON GOLD
www.spreadbetmagazine.com/blog/a-continu...sh-take-on-gold.html

short squeeze comin ? dyor.

>1298/1300 > ~1340 > ~1388/92

supp 1268/70




dl.dropboxusercontent.com/u/40497882/gold_daily_21July13.JPG

Closed Longs at 1286, profit banked.

Currently Short at 1285.8.

Target = 1254.

Hoping to Long again around that area if this trade plays out with 1420 as the main target.

The crystal ball is a bit foggy but I wouldn't be surprised to see this back to 1254-1243 before heading up once again but don't hold me to it. This is just my view from looking at the chart and not based on any fundies

Diver, thanks.

I see that the RSI is still above the trend line which is still positive..

I'd like to see the bulls take it above that 1295 level again and hold it on a closing basis, shame they couldn't push it higher today.

I guess the price action ahead all rests with Bernanke's comments tomorrow.

Any views on the possible forthcoming price action after today?