gold.

weekly –
after testing the 1040 low gold futures have moved up to trigger a new long entry of 1145. 1244 is the target, which is slightly above the high of 1232. technically this move up is a retracement inside the longer term down move. A trade above that December high will negate the down trade.

Daily –
we had gold long from 1110 into a 1136 target below the March 3rd high. it has broken that high and moved on to the 1163 target. the next target is 1189. 1125 will start the new short trade. trade pressures are extended up and the time pressures are down.