The recovery of the USD 1,720 mark would be extremely important for the further course of the gold price, because the last word has not yet been spoken in terms of a break of the mark and further declines. A bottoming at the current level could herald a recovery to USD 1,755. Should this mark be cracked, even gains to 1,780 and 1,800 USD are possible, which would lead the gold price out of the danger zone.