Gold has crashed last week as well, it had made a low of 1612 around and turned twice from there so small support at 1612$ watch it if this support breaks and gold close below this level than 1580-1550$ and more panic in gold is not ruled out.
a good resistance at 1670$ if this resistance breaches and gold close above this level than it can hit till 1700-1730$ and more shine in gold rate is not ruled out.
For more analysis watch daily gold forecast

Posted by mohdarafat