gold is bullish long term. But for now i see a possible drop to 1680 to create double bottom for a good take off to 1850. for now it has been consolidating between 1725 and 1742, good entries for scaping.breaking 1720-18 opens doors for 1707-00,this area was not tested ,if 1700 holds then bull we go . but if it decides to go up for now then 1770-80 good entries to enter sell short to these levels 1740,1735,1728,1725,1720,1718,1703,1700,1690,1680,1675.