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Gold Futures (GC): Prices Pull Back on Weak Demand for Gold

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Kontrak Berjangka Emas (COMEX:GC1!)  
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COMEX:GC1!   Kontrak Berjangka Emas
Chart Patterns Gold futures S&P 500 (SPX500) chartplay
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chartpattern gold futures spx500 chartplay
The main trend is down. After a weak closing on Thursday, expecting further pull back on Friday. If prices bounce off of $1682 level, then the market may trade within a range from $1682 bottom to $1737 top. If $1682 is broken, the next downside targets are Fib levels at $1660 (0.618) and $1620 (0.5). RSI indicator is pointing toward lower prices.
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