Gold seems it won't give up on 1100 dollars per ounce that easily. It regained them after declining to 1097.3. If it wants to correct yesterday's strong short movement, it will have to regain 1112.7, to start thinking about a bullish day. 1124.8 could be a good goal, as it's also the fibo 61.8%. Below, losing 1097.3 will take the price to 1086.5, a good support on the first week of October. Another movement like yesterday's not only would break the bullish trend where the price is trying to rebound today, but it would also make the price go to the support at 1071.8.
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