Gold is currently near the Support Zone and formed a lower high away from the recent high at 1226.
The current support zone near 1070 seems strong as it was formerly a resistance then turn into support.
If the Bulls were to continue their rally, then they will have to breakout of the resistance at the lower high (1160) before overcoming the Yearly Resistance of 1226.
In the same way, if the Bears were to overcome the Bulls, then they will break down every support zone (currently between 1074 and 1025) till both Bulls and Bears meet for a temporary standstill.
