GOLD Reached Our 1244.85 Target and Hit Stops, Remaining Constructive above 1221.17

Our YouTube video illustrates Gold's move to the 1244.85 level yesterday - a target we identified in a previous YouTube video this week. Gold absorbed more than US$ 4.00 in stops in a couple minutes as the screenshot of a 1-minute chart below shows.

Gold has remained technically-constructive this week following last week's Close above the 1221.17 level and this week's intraweek Low above the 1221.17 level. The 1244.85 area we identified earlier this week is clearly seen below in the Weekly chart.

Our Monthly chart below shows some key upside price objectives.

Upside price objectives remain 1262.80, 1283.26, and 1308.05.

Trade Market Options
www.trademarketoptions.com
http://goo.gl/cEJnBZ