11 July 2016 at 13:56 GMT
Gold looks interesting as a long. We have a setup, and just waiting for the trigger: Medium and short term trend is higher. Lows either side of Friday's numbers were 1352, and we've just been there again and found buyers. Today so far has been a counter-trend channel if you look at a 30 minute chart. Top line of this channel is at 1359.4 right now so if this breaks soon we could/should get a reaction higher. Targets are a fresh test of Friday's late high at 1375, then 1381 and 1392. Beyond that 1434 is the next big target.