International Gold is in a technically consolidating mode on the charts for short term. Last week Gold was trading in a range from 1650 to 1695.
Now for the next week the major support for Comex Gold is seen near 1600 while resistance is residing near 1840.
Traders should go for strategy of buy on lower levels for Comex gold this week. If it manages to trade consistently above 1655 then prices may go up to 1695. Above 1695, we can expect the upside levels like 1710-1735 in near term.
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