Gold Daily Trading: resistance level at 1709

Fulcrum: 1709.00

Preferred scenario: Short positions below 1709.00, with targets at 1685.00 and 1670.00.

Alternative scenario: above 1709.00, targeting 1723.00 and 1732.00 as targets.

Commentary: As long as the resistance at 1709.00 is not breached, the bearish trend will prevail, targeting 1685.00
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