Near Term Trend: Bearish
As of 12/8/17 close: 1250.50
Last week, I suggested shorting at 1292 with stops above 1294 and with a target of 1210.
Gold made no attempt to rally at all this week so if you werent short coming in, you likely didnt get a chance to short this week. The potential downside targets remain unchanged: 1231.30, 1209.50, 1200.1 and 1144.2. Try shorting bounces.
I would use any bounce to 1276 to sell / short with stops above 1277 and with a 1210 target.