Gold is bearish below 1215

FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov remarks that gold is bearish below the 1215 level, with the next resistance seen at 1219-1221.

Key quotes

"Only above that the recovery may continue to 1232."

"Reversal may appear only above 1336 but I do not see for now any signs for this."

"It is quite possible to drop below 1200 and to test 1184 support again."