GOLD is still in a very interesting situation between further drop and bottom building.

GOLD month 07:19

The 8 MA is holding on upside of the 21 MA which is a strong sign.

GOLD week 07:22

Gold has built the beginning of a strong bottom during the last 7 weeks close.

GOLD day 07:26.

Trend is down and a break on downside could happen but I believe the monthly and weekly trends will stop a fall now.