As we have told in this article GOLD get to the first level what we had said. 1157 was our first target and it has been hit. Short term traders can get their profits here. As long as GOLD is below 1170.35, down trend is active. Traders to go long should wait for the prices gets over 1170.35.
Down trend still continues but we may have a retracement up to 1164-1165 levels.