Contributors Technical Analysis Gold Spot Key Resistance At 1697.00

Gold Spot Key Resistance At 1697.00

Pivot (invalidation): 1697.00

Our preference Short positions below 1697.00 with targets at 1679.00 & 1670.00 in extension.

Alternative scenario Above 1697.00 look for further upside with 1707.00 & 1715.00 as targets.

Comment Technically the RSI is below its neutrality area at 50.

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