Gold -0.14% is currently in price correction from 1230 $. Expect a strong rebounce (similar to October 10th-12th) from 1208 because there is the long term trend line from August. Other reason is that stock market correction isn´t finished - American technology stocks will loose more value and a lot of money will go into Gold -0.14% . Be prepared for the next rush.
MACD showing small bearish since - expect further correction down to 1208 $
RSI is still bullish and have a lot of space to grow
Price will reach downside of bollinger bands at 1208 which is strong bullish signal in daily chart