Based on my indicators, gold is in strong bull run. But we might have to be aware that 669~670 area is a strong resistance area and gold never closed above 670 in last 9 months.

Current near term resistance area would be at 667. Short term support will be around 663 and resistance will be around 670.

Current trend is slightly bullish at the time of analysis. Key levels to watch are 662 to downside and 667 to upside. Possible upside target will be around 671~674 and downside targets will be around 652~656.

Good Luck!

Thanks for listening!

Gold Trader

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