Short term a rebound is taking shape and a test of $1100-1105 is likely............................ Data released by US regulator the CFTC after Friday's market close showed the number of bullish speculators in US gold futures and options jumped last week to exceed the number of bearish traders by the widest margin in a month..........,,,,,, But overall, the 'spec net long' betting (of bullish minus bearish contracts) remained near the lowest since end-2002, down below 30% of the last 20 years' http://www.financialsense.com/contributors/adrian-ash/gold-silver-ratio-near-six-year-high