Gold is bidding around $ 1,823.70, down 0.50% during the day, while gaining momentum early Thursday.
The yellow metal deteriorates after not passing the 21-day SMA earlier in the week.
Favorite glove sellers may also be the January confirmation of the "double tip" with a drop of $ 1,830 as well as the bearish MACD.
However,
gold prices are heading towards a three-month support line, now at $ 1,817, before provoking round figures of $ 1,800.
Although any further weaknesses in the past - the $ 1,800 psychological magnet will not hesitate to challenge the bottom of November with $ 1,765.
Below a $ 1,830 price drop, a 21-day SMA level of $ 1,850 and a high end in late January near $ 1,875 / 76 will be essential to look at.
Gold daily chart
Overall, gold for a new delay in the South, but a short-term support line could provide an uneven ride.
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