Gold prices fell more than one percent Monday as resurgent pessimism about Europe's debt crisis and Japanese intervention in the currency markets lifted the dollar. The Japanese central bank bought dollars to weaken its currency while last week's plan to solve Europe's debt crisis was looking more and more like a plan to have a plan rather than a real solution. That lifted the greenback more than 1 percent against a basket of major currencies, and lowered equities in Asia and Europe. In the United States, stock were headed for a lower open: futures on the Dow Jones Industrial Average, the Nasdaq 100 and the S&P 500 were all down. Gold, which gained more than six percent last week, had been down early Monday more than two percent to $1,707 in Asian trading but cut those losses as resistance emerged. Upside resistance appears to be around $1,768, traders said.

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