Gold is still bearish but in the near term will likely pull back to 1204 - 1208 before continuing back down and this will due to the breakout of the T.L resistance from 6th March 2017.For this setup my stops go under 1194 with targets @ 1204-1208 . Once that move is complete I will be short again with stops above 1212 & targets below 1196 & 1188