[Sell Limit] Gold is Bearish - We look to Sell a break of 1706.50
▪️ There is scope for mild buying at the open but gains should be limited. ▪️ We have a 50% Fibonacci pullback level of 1708.04 from 1670.72 to 1745.35. ▪️ Bespoke resistance is located at 1706.50. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1706.50, resulting in improved risk/reward.