![](http://photos1.blogger.com/blogger/3426/1040/400/080205%20gold%20boxes.jpg)
Here is an updated hourly chart of August gold futures. I am very bullish on gold longer term.
Short term I am looking for this upswing to hestitate briefly at 436, the 1/2 point of the current box, and then move up to 450, the 1/2 point of the next box.
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