The gold fell just a little after a very bullish recovery from the week before amid a strengthening dollar.
The gold has ranged throughout the week as it stayed resisted by the supply level at 1795.
The dollar has strengthened through the week on a hawkish Fed to start tapering this year and most pairs against the dollar had turned bearish but gold was somewhat resilience continued to stay supported within a range.
However, both highs and lows are notably becoming lower and we can expect the gold to start the week with a bearish tone at the beginning.
This week, we will look for selling opportunities as it pulls back to the top of its current range but expecting a strong rebound at the demand level at 1750.