Gold starts the week with a weak recovery

Gold has shown very weak resolve to recover from the lows of 1737 recorded previous week while prices are facing resistance at 1755 today.

Labored recovery to 1770 & 1785 is subject to prices holding above 1755.


Gold has more to lose if prices break and sustain below 1755 with high probability of a retest of 1735 which is an acceleration point for next leg lower 1692