Spot gold may retest support at $4,110

Spot gold TVC:GOLD may retest a support at $4,110 per ounce, a break below which could trigger a fall into the $4,058 to $4,084 range.A projection analysis on the downtrend from $4,371 reveals this support — the 238.2% level, which temporarily holds. A weak bounce occurred.A reversal of the downtre…