Gold future feb 2018 analysis

Overall the market is bearish, still showing potential for a drop to 1233. Last week's rebounds displayed near term corrections and we could see trade again try to rally. Corrections will likely find downside forces keeping trade in sideways congestion, stopped in the low 1260's. A close over 126510* is needed to secure a reversing turnaround. A close under 124830* should renew selloffs/bear trending.