The metal surprisingly rose yesterday after breaching the 720 level where the 700 psychological barrier was able to limit further losses. The incline failed to breach the key resistance that is now at 751.85 and we see that trading below this level will result in a possible reverse to the downside.

The trading range for today is among the key support at 672.90 and the key resistance at 777.50.

The general trend is to the downside as far as 934.00 remains intact with targets at 649.20 and 615.60.