Yesterday Germany imposed ban on short selling of Euro Bonds as well as shares of German Banks. Because of this there was a big dip of all currencies against dollar as well as we see huge selling in Gold both due to profit taking as well as dollar appreciation. It broke US$1200 support level and then went as low as US$ 1186 the same support from which Gold bounce back towards all time high. So for today we see buying at this support and we can see US$ 1211 the next resistance today.