TECHNICAL ANALYSIS BY NSFX 01.06.2014
After Gold broke the lower side of the symmetrical triangle it could not have any positive session. Next target 1230 then 1200. The intermediate target in a bearish scenario like this market environment is 1182 and below this area the long term view on the commodity might turn bearish as well. Above 1300 market sentiment should became neutral/positive and then buyers might lift the metal to 1331. Relevant test at 1361.