After clearing the pivot points at 1106.10 and 1107.5, the precious metal is rebounding and trading now at 1107.88 dollars. The 20 days CCI is clearly overbought, while the Stochastic could show signals of short entries. The Parabolic SAR is under the Spot, indicating a possible trend shift, while the bands of Bollinger are enlarging, indicating high volatility. Below, the support to watch is 1107.5, while the next resistance above is at 1112.10 dollars.