Potential moves awaiting the Gold$ in possibility of the $1110 level breach we can see upside moves to the $1130 level. This is where we will see the come into play. Possible US Data this week I.E FOMC minutes will have a major role to play with the outlook of Gold . Potential recovery to the upside of $1200 in the next few months or further downside to $900 per ounce. It would be wise to look into any fundamental news out of gold mining companies such as stats. In the past when gold would drop below $1200 gold miners have known to boost up the prices with cutting supply.