As I anticipated yesterday, gold paused the rally at 656 and found support at 649.

Current near term strong support area would be at 651 and strong resistance will be around 656. Short /Medium term resistance will be around 661 and support will be around 645~643.

Current trend is neutral at the time of analysis. Key level to watch are 650 to downside and 657 area as strong resistance. Possible upside target can be around 661 and downside target can be around 643.

Good Luck!

Thanks for listening!

Gold Trader

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