Gold continues to drop on the short term and could close the gap up. Is trading right above the $1325 per ounce and could drop much deeper if the USD will resume the yesterday’s rebound. The next major downside target will be at the first warning line (WL1) of the major descending pitchfork. The retreat is natural after the false breakout above the lower median line (LML) and after the failure to close near it.
