The movement on Gold against US Dollar
XAU/USD is going in sideways movement forming a gradual downtrend testing the S&R. If it breaks the lower support we're looking at a bearish breakout to the 1458 - 1461 level. Then a potential retest back up to 1477-1483 area in the next few days. However US news release regarding the United States-Mkit services Flash-Markit at 14:45 tomorrow could create volatility between the pair so trade carefully.