GOLD
Gold also traded lower after confirming 1590 as resistance range, where gold traded up to the 1565 range at the end of last week's trading session but managed to close above the 1575 level range. Bias gold no session this morning is bearish to bullish Mometum, vigilant when gold managed to confirm the range of 1575 as Support, then the pair would be potentially traded higher up the range of 1600 returned as Resistance 1625 followed next. Conversely, if gold successfully traded down below the range 1575 and confirm the Resistance, then gold would be potentially traded down again to cancel the previous range of 1565 to Support Further lies in the range of 1525.
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