JUN GOLD
Resist: 1666.20*-1669.70, 1689.80+
Supprt: 1650.60,
1644.60, 1632.70
Comment: The market is overall
bearish, but Tuesday’s outside bull day hints for corrections into today. A
close over 1666.20* signals a reversal that could spark a retracement up to
1689.80-1699.50. If trade struggles to extend rallies over 1666.20*, then be
ready for a slide under 1650.20-, but a drop under Tuesday’s low is needed to
rekindle bear forces and release selloffs to attack under last week’s low,
reaching for the 1600.20 target.
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