Gold Forecast 6/9/2015

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Our outlook for gold is very uncertain as this market is quite dull and lacking energy. We have a slight short term bullish bias, which could take this market up to the $1,160 area, but we measure the odds at only 60/40 at this time. We will continue to follow this market if the intensity of the order flow picks up, but at this time it seems that most traders are leaving this market alone…