GOLD Resistance level

• Gold weekly chart shows a weekly broken support line which may act as resistance.
• Weekly fibonacci chart shows this resistance line and 50% Fib level at the same area. Breaking above this level will be difficult in case gold bulls cross this area then the target could be around 1770 - 1790 zone.
• Trading below 1685 should give a short trade. Sustaining above 1698 should favor gold bulls.
• SILVER TREND UPDATE