FX Street - Gold Weekly Technical Outlook
Comex Gold (GC) Gold’s recovery was limited at 902.10 last week and weakened again. Recent fall from 967.8, which is part of the whole correction from 1007.7, is still in progress and should be targeting 100% projection of 1007.7 to 882.7 from 967.8 at 842.8 next. However, strong support should be seen above 801.50 cluster support to complete the correction and bring rebound. Above 902.10 resistance will be the first indication that correction from 1007.7 has completed and will turn focus back
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