As anticipated on last Friday, gold found support at 626, rallied and met resistance at 636.

Today, support area will be 634~632 and near term resistance will be at 636~637. Short term resistance will be around 640~642.

Today trend is neutral at the time of analysis. Overall daily trend is up but current price is overbought. It would mean any upside move will be limited and there is a chance of reversal at resistance levels. So, watch out!

Good Luck!

Thanks for listening!

Gold Trader

p.s I have also posted the signals on my main web site in individual chart page