Technical forecast for Spot Gold

Spot Gold has been directionless for over a week now stuck from 1684.05 down to 1658.01. Yesterday we held resistance at 1682.18-1683.10 and above Monday’s low of 1662. We have 200 day moving average support at 1665 today. Any longs here need a stop below Monday’s low of 1662 for 1660/58.

Resistance at 1673 but above here we could try for 1677.00/75 & a push through here targets 1682.18-1683.10 again with a possible high for the day. Above here however we can test the
high for the past week at 1684.10/85.