International gold yesterday went down slightly, once approached 1290USD/oz, but as the increasing pressure of price correcting, gold volatilized and went downside; in today’s Asian trading time, gold kept going down, currently closed at about 1283USD/oz.

As for information, Russia and Ukraine situation looks like a stalemate. Market showed a cool response, which makes gold harder to receive boost. On the other hand, U.S. index keeps raising and presses gold. Currently gold daily chart price is backing and consolidating, downside 1280 is facing the test, upside 1286 is offering a lot of pressure. Mainly trading short position in short term would be a good choice.