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Upside in gold: Lambert

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June 03, 2016 clive lambert futurestechs, commodities, futures, gold, jobs data, jobs report, nfp, saxotradergo, tradingfloor saxo bank
Clive Lambert of FuturesTech is looking to buy gold. He says that gold has found support at a key area at $1,200-07/oz. 

Lambert says that this is a Fibonacci support level as well as well as previous support level.

He is looking to either buy a dip to $1,207-10/oz with a stop below $1,200 or buy a break above $1,223-25/oz with a $10 stop.
 
Clive Lambert's targets are $1,240, $1.265 and $1.300/oz.