You can see my point of view on gold on the chart. I already bought a small amount of gold and I'm waiting for a rebound from red trendline to 1295. On the other hand if price goes beneath red trendline I'll buy more from 1265. Guys, I don't use stoplosses with gold, so be careful with amount of money. Anyway, as far as I expect gold will rise in august, so I'm going to hold long to 1295. There is a zone of uncertainty from 1295 to 1307. After passing 1307 I'll buy till 1350.