From recent highest price of gold 1304 till now 1212 98.47 dollars decreased . 7.55% off. And the lowest point 1206 seems to be a good point to buy . Plus it stand on the FIbo 0.382% retracement line . So buy the gold between 1200-1215 target first target 1230 second target 1240 thats it . The gold maybe down to 1110 . but the gold seller would not sell it nw . Cuz they will wait the gold pull back then open the short sell order .