Gold Futures Continue To Silde

April Gold futures are trading lower by $$19.70 at $1238.87 in Monday's session. It is now nearly $50 off its from Friday ($1287.80), that it is the closet it has been to $1300 since January 2015. After a lower open, it managed to sneak into the $1260, before the rally ended at $1261.90 and the decline resumed. So far it has slipped under $1240 an is approaching last Thursday's low at $1237.50.