The metal dropped below 113% at 1155.75 showing on graph. Trading below this level increases negativity on gold and indicates that the price is heading towards 127% correction at 1127.00. Linear Regression Indicators are negative and RSI is trading in a downside move again.
MACD signal lines are trading in a sideways range below line zero, but trading below 1155.75 keeps the possibility of extending the downside move today.