Despite Gold's hesitation on Wednesday, its up move started from the 1,166.03 level, its May 21'10 low remains intact. We are looking for it to establish a foothold on its 2009 high at 1,226.33 to create scope for further strength towards the 1,249.28 level, its 2010 high where a break will set the stage for a move higher towards the 1,300 levels, its psychological levels and next the 1,350 level. Note that our overall outlook on Gold remains to the upside longer term. On any pullback, its psycho level/May 28'10 low residing at 1,202/00 will be targeted ahead of its May 24'10 high at 1,182.01 followed by the 1,166.03 level, its May 21'10 low. A cap is expected here to turn the commodity back up in its original direction. Further out, the 1,156.90 level, its May 05'10 comes in as the next support. All in all, though Gold is on the corrective path, it requires a break and hold above the 1,249.28 level to resume its longer term uptrend.