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Gold at key resistance
Gold is currently selling off from $1075 resistance, which was yesterday's peak. The selloff seen on Friday and Monday has not broken below $1064, which is crucial.
Despite this, we have not seen enough to point towards a more bullish sentiment and thus broken levels can provide direction.
A close above $1075 would point towards further upside, with resistance levels of $1077, $1079 and $1088 worth watching.
Given the downtrend and current respect of $1075, a move lower seems likeliest for now, with $1070, $1066 and $1064 the next key support levels.