Gold is still bearishly below 1086.00 and that keeps chances for resuming bearishness. Attempts to move higher was stopped by 1100.00 psychological.
We remain bearish, as ADX is negative, while trading remains below the below support and below 161.8% Fibonacci.
Fibonacci levels of 200% and 224% are targeted at 1051.00 and 1030.00.
Support: 1080.00 – 1075.00 – 1051.00
Resistance: 1087.00 – 1090.00 – 1100.00
Direction: Bearish