Gold - Technical Analysis: Monday, 23/02/2015 08:00 GMT

The price completed the targets of the double top formation, moving within tight range now, falling under negative pressure from the exponential moving average 50, while stochastic approaches from the oversold levels now.

The sideways trading will be suggested for the upcoming period, and the monitors to watch are represented by 1187.70 support and 1243.00 resistance to detect the next trend.