Gold runs into a seller again- is momentum turning now?

Not long after the previous update noted that Gold had fallen back to around $3,206.50, the metal rebounded again and that saw it rise by around $20 off that low. However, that move was not sustained and it has fallen back again and this time it fell below the previous intraday low and has now come close to falling below $3,200. The low seen has been set at $3,200.78. The move lower coincided with a rebound in the dollar noted a couple of updates ago. So, there is clearly linkage in terms of that dynamic so far today. The price action so far is suggesting momentum is stalling for the time being. Perhaps we should remember where gold closed on Friday and where it officially opened today, in view of the new record it set earlier at $3,245.74. Gold closed on Friday at $3,237.61. Gold is currently trading at $3,209.60