is tapping the 1300 resistant area. The USD index at daily support. I like to see how the price develop around here. These all make sense if the Gold
make a bearish
reversal, while the USD index do a great rally. Here is the place where the Bear run out the power to hold his short position and new Bulls afraid to join the Bulls runs. I am expecting Gold
to test the 1,220 - 1,200 support area
soon. The 1,260 area become my intraday support.