Gold Spot / U.S. Dollar
Short

Gold- rallies above 1700 should be sold

214
On Friday, Gold broke the uptrend line support and dive under 1700.
Now the price found some kind of support in the 1680 area and we can assist in an attempt to reconquer 1700 at the beginning of next week.
In my opinion, the yellow metal can drop to 1640-1650 in the medium term and rallies above 1700 should be sold.
A daily close above 1720 would negate this scenario and give sellers reason for a pause

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