Several points:
1. Rate-hike talk, is louder and louder; most important thing being, US dollar is moving up firmly.
2. Daily chart of gold in USD: MACD(price momentum) turns down, deadth-cross is imminent; price overlap with previous peak ------ UGLY!
Looking forward to a retest of 1,200 USD/oz SOON. And more likely than not, the test will fail and see ya under 1,100 USD/oz before July.

1. Rate-hike talk, is louder and louder; most important thing being, US dollar is moving up firmly.
2. Daily chart of gold in USD: MACD(price momentum) turns down, deadth-cross is imminent; price overlap with previous peak ------ UGLY!
Looking forward to a retest of 1,200 USD/oz SOON. And more likely than not, the test will fail and see ya under 1,100 USD/oz before July.