The gold tried, with no success, to break and consolidate 1102.5, going back to the 1090.6 support. If this level doesn't hold, the price will slide down to 1071 dollars per ounce. On the way it will meet with 1086.5 and 1080.8. 1070 should hold, unless the dollar breaks any technical level, like 1.4 dollars per euro. Above, the pair could rebound at 1090.6 and at 1086.5, as it did last Friday, heading towards 1102.5, that's resisting. Consolidating the area will target 1110 and, if it has much strength, 1118.

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