Gold Technical Report

Intraday Gold prices have taken support at 1755 and tested resistance area of 1767. As long as prices maintain above 1755 support, Gold can attempt to break above 1768 -1770 resistance cluster and momentum buying above 1770 can take Gold to test next resistance area of 1789 - 1797

Weakness below 1755 support can attract selling and push the metal to 1745-1735 and extend to 1723

Stochastic RSI is pointed downwards yet positioned above 70

50 EMA is on the way to cross 100 SMA from below