Daily Commentary
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Gold was just traded in previous day's near term range around 671 and 678. Overall daily trend is slightly weak and short term signals are slightly mixed at the time of analysis.

Current near term strong resistance area would be at 682~683 and support will be around 677. Short/Medium term resistance will be at 688 and support will be around 671.

Current trend is slightly bullish at the time of analysis. Key levels to watch are 682 as a strong resistance and 677 to downside. Possible downside target can be around 671 and upside target would be around 688 if near term support and resistance levels are violated.

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Good Luck!

Thanks for listening!

Gold Trader

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