Gold - Remains in its seasonal corrective down trend pattern, the sharp drop from 1240 to 1200 followed by the current weak corrective reaction higher implies that it's not done to the downside. The last swing was about 80 dollars, similar swing off of 1220 suggests 1140, which is actually below support of 1,165, which means it will take some time to build a base to target a break of 1265. Target for 2010 remains at 1333 (18 Feb 2010 - Gold Analysis and Price Trend Forecast For 2010