The price is still under 1000 dollars, but it seems it has formed good support to maintain the uptrend. The trend is marked from the September 28th low (right now it's trying to break it). If it maintains the uptrend, the day's target will be breaking 997 to establish around that level. Also, that level is the fibo 38 from the thrust on September 24th. If it loses 990 we'll go to the strong support at 984 dollars per ounce. Remember that this is a potential area of upwards rebound. Finally, the 200 day MA are over the price, but flat as the RSI, waiting for the price to break any of the levels we mentioned.

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