Gold has a Recent resistance at 1712.14 from & Support at 1698.80. now if gold respects its resistance & breaks out of recent support at 1698.55 then price might move bearish in respect to the downtrendline to all the way retest 1681.15 key zone.
However if price breaks out of the recent high at 1714.86 then it would be a breakout of the downtrend & price might push to 1721.41 as a retracement.
However if price breaks out of the recent high at 1714.86 then it would be a breakout of the downtrend & price might push to 1721.41 as a retracement.