The pair is still on a sideways trend, trading at 1169.68 dollars per ounce. The bands of Bollinger are narrowing, hinting low volatility, while the 14 period RSI is on a neutral ground.The CCI and Stochastic show selling signs, right now. If the trend is to the upside, the price could consolidate with the 200-day MA (1174.20), while below the nearest support is found at 1165 dollars per ounce of gold.

/