GOLD (Futures): The metal closed higher for the second consecutive week breaking and closing above its July 15'09 high at 941.85 the past week. Although a look at the daily chart may suggest a stall in price, as long as Gold trades at the current price level and holds above the mentioned broken resistance, odds are for a push towards the 957.40 level where its July 23'09 high is located with a decisive clearance of there leaving the metal targeting the 965.35 level, its Jun 10'09 high. Beyond that level will expose its Jun 01'09 high at 988.65 followed by the 1,006.25 level, its Feb'09 high and ultimately its long term high at 1,030.85. This view is supported by its weekly stochstaicswhich is bullish and pointing higher. On the other hand, if corrective pullbacks occur, weakness could be seen initially aiming at the 957.40 level where its July 23'09 high is located with a break below there turning further focus to its July 15'09 high at 941.85 where a cap is expected to turn the metal back up again. However, if that fails to materialize, price could accelerate towards the 907.75 level, its July 13'09 low. On the whole, with its declines off the 989.95 level halted and a corrective upmovetriggered, Gold looks to build on that strength nearer term which is consistent with its overall medium term uptrend