Commentary of the XAU/USD parity:

The gold continue to test its support at 1100. A break out of this level will offer a new sell signal. Next supports are at 1090 and 1080. If the price get back above 1100, the price could get back on the fibonaccci retracement 50% at 1125.

See the previous analysis of the XAU/USD parity of March 23, 2010