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Neighbour: Gold bull-ion as markets enter bear territory

Joe Neighbour is looking for a trade in gold as investors seek shelter from what feels like an unrelenting storm in equity markets around the globe. Yesterday as the FTSE 100 officially entered bear market territory, closing below 5700, gold emerged as one the few bullish winners. 

Joe has spotted a base forming on daily charts and aims to buy a dip today at around USD 1098. 
Stop: USD 1085 
Long term stop: USD 1070
Targets: USD 1138 & USD 1200

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01:32 minutes
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