The pair is correcting downwards, after hitting a year high at 1024.25 dollars per ounce of gold. However, despite the correction, it's possible that the gold will try to climb the March 2008 highs at 1032.45. In the technical aspect, the pair found a support at the fibo 23.60%, while the 20 days MA is closing on the pair. The one hour window RSI is in a clear neutral zone.