GOLD is still in the grip of bears!
After the several interesting days on gold, bears still hold the precious metal in control. Wheter the bulls reach their territory over 1180? Let’s see what could happen first here at 1160 where we have a solid support for now. Up trendline is waiting for possible turn out today, because gold is looking slightly bearish now. If 1160 holds today, bulls could attack 1180 again and brake is possible. If 1160 support brakes, there comes another minnor one at 1148/50, and the stronger one at 1130.