GOLD: While the commodity may be hesitating, it continues to hold on to its medium to longer term bias and looks to return to the 1,265.05 level, its 2010 high. On a clearance of that level, further strength should follow towards its psychological level at 1,300 level with a cut through there paving the way for a run at the 1,350 level, its psycho level. Other upside objectives are located at the 1,400 level and the 1,450 level. On any pullback, support comes in at the 1,223.48 level, its Jun 23'10 low with a break of there pushing the commodity further lower towards its Jun 14'10 low at 1,215.95 ahead of its psycho level at 1,200.00. We expect the former to provide a strong support and push the commodity back up again if tested. Overall, with the commodity still maintaining its longer term uptrend, further strength is expected towards the 1,300 level and beyond.