Gold broke the intermediate resistance of its medium term bullish channel at 1,671 leading to an acceleration. A pull back at these levels is expected before a resumption of bullish.
Technical indicators give signals to sellers suggesting a decline in the short term.
According to previous events, the market indicates a bullish opportunity at the levels of 1,671 with the 1st objective of 1,681, then of 1,685. A break through 1,669 will invalidate this scenario.
