Gold is actually being extremely interesting especially after breaking above 1700.
If Gold can hold 1750 and stay above 1700 S/R level, there is potential for a short-term bullish run up to 1800.
1800 remains the pivotal resistance that Gold needs to break for any bullish continuation to occur, so we will be watching this closely.
Over 1800 and targets are 1850 and maybe up to 2000.
If Gold is unable to hold 1700 and breaks below 1650, look for a continued downtrend to targets of 1600>>1550>>1500>>1450.
If Gold can hold 1750 and stay above 1700 S/R level, there is potential for a short-term bullish run up to 1800.
1800 remains the pivotal resistance that Gold needs to break for any bullish continuation to occur, so we will be watching this closely.
Over 1800 and targets are 1850 and maybe up to 2000.
If Gold is unable to hold 1700 and breaks below 1650, look for a continued downtrend to targets of 1600>>1550>>1500>>1450.