APR GOLD

Resist: 1690.20*, 1702.30, 1714.50-1717.10
Supprt: 1670.20-1669.20, 1662.50, 1653.90*

Comment: The recent rallies suggest a bottoming upturn and potential for a climb to 1729.40* resistance. A close over 1690.20* will confirm follow through rallies. However, the past two day fade over 1690.20* is cautioning for a slip back into corrective congestion, testing Monday’s upswing. Look for attempts to hold in the 1650’s and bounce back to rallies. A close under 1653.90* is needed to rekindle bear trend forces for another drop against 1628.50* weekly support.