Spot gold may retest resistance at $4,503/oz
Spot gold may retest resistance at $4,503 per ounce. A break above $4,503 could open the way toward the $4,537-$4,547 range after the metal briefly pierced $4,489.
Spot gold TVC:GOLD may retest resistance at $4,503 per ounce, a break above which could open the way toward the $4,537-$4,547 range.The metal has briefly pierced above a resistance at $4,489, the 50% retracement of the downtrend from $4,696 to $4,281.
Chances are it may extend gains to the 61.8% le…