FEB GOLD

Resist: 1689.70-1697.00*
Supprt: 1652.00, 1651.00, 1642.40
Comment: The market is short term bullish and suggests a stretching up to seek a top in the upswing against 1697.00* weekly resistance. Stable action over 1670.50 will encourage direct pressing moves to 1697.00. A close over 1697.00 is bullish. Be on guard for a rejection from 1697.00* to highlight a peak in the recovery drive and start setbacks. A close under 1621.20* marks a lasting downturn.