Pivot point: 1777
Resistance level 1: 1787 Resistance level 2: 1799 Resistance level 3: 1808
Support level 1: 1766 Support level 2: 1756 Support level 3: 1745
Comment: The precious metal closed at the first support level of 1765. If the trend returns bullish, then gold could push higher to 1787 and possibly testing the second resistance level of 1799. However, if the bears gain momentum gold could fall through the first support of 1766 then it might adjust to the second support of 1751.
Resistance level 1: 1787 Resistance level 2: 1799 Resistance level 3: 1808
Support level 1: 1766 Support level 2: 1756 Support level 3: 1745
Comment: The precious metal closed at the first support level of 1765. If the trend returns bullish, then gold could push higher to 1787 and possibly testing the second resistance level of 1799. However, if the bears gain momentum gold could fall through the first support of 1766 then it might adjust to the second support of 1751.