Technical analysis: Gold was in the middle of the #11-Month Zone made by the last consolidation phase (April #15 – June #15) before it made it’s August peak. As discussed before, that High Zone was the Medium-term . On a Short-term perspective and regarding the Hourly 4 chart, there is an interesting development with the indicator still below the Resistance, with the Price-action as it is on Higher Low’s since August #8, while the Price-action is on Lower High’s at the moment. The same sequence has happened both from January #11 – #16 and February #16 – #20. Both led to a #3-session peak above the Hourly 4 Resistance ( Gold is still preserving that Resistance), which could be the case at the moment. The Hourly 4 chart’s Resistance is currently seen at #1,823.80 on Spot prices. If that’s the case, today’s session would be followed with thin , and after today’s session / consolidation, I can expect Buyers to re-appear and push Gold as High as they can, following the possible debacle on NFP (on main stage tomorrow). However, Technical rules don’t apply on Fundamentally driven sessions (as Traders had chance to confirm that throughout last Friday’s session, with current Price as an fair Technical value by now). I will exercise caution since market structure is tight today and tomorrow (Initial Jobless Claims and NFP announcement throughout tomorrow’s session).