Gold being held in check at $1680

Paper gold is simply putting in a reaction low after the higher high. Look for the swing low to be a higher low, cementing the short term up trend. I think support holds.

Gold being held in check at $1680

While Gold has been able to punch through this critical resistance level, it has not been able to HOLD ABOVE it. This is must do in order to kick it up and out of its current malaise. Once it does so, it should make a run at $1720 – $1725 in relatively short order.

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