Gold is nearing the bottom of the three-month range

A potential solution in Greece and fewer worries about US/European growth could be catalysts for a slump in gold prices. The US dollar will need to get back in gear as well.

Technically, a few support lines are under pressure at the moment. $1180 is a key level, going all the way back to 2013.

Gold daily

Prices are down $6 today to $1173.