International gold price yesterday volatilized and went downside, once surged to 1225 then dropt. Price went all the way down to about 1217 and started basing sideways after broke 1220; in today’s Asian trading time gold kept declining, based at about 1213.

U.S. August new home sales made a big increase and boost USDX breached 85 and hit another new high, which also pressed gold decline again; besides multiple Fed officials made their speeches, their hawkish statements also formed a big pressure against gold. Currently gold daily chart price keeps weak, the support from 1210 is yet to be tested, on the other hand, 1220 will be the main resistant point.