The Gold continued to trade near lowest level in four years on Tuesday amid the decrease of demand for safe-haven assets due to a stronger dollar and the US economy, while the lack of strong physical buying of the gold has confirmed the expectations of further decline.
As we have mentioned in our technical analysis, the Gold remained moving within a sideways trading as a correction step during yesterday session, today we expect further decline of the prices which is confirmed by the weekly descending triangle to eth downside, which confirms the retreat of the Gold below $1000 per ounce. So nay upward correction toward $1163-$1186 which will push the Gold to decline toward the mentioned levels. And it the prices reach the $1140-1154 area, it would represent good opportunities to enter buy positions on the short term trading. 
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