From the daily chart, the gold price closed overnight and rebounded after reaching the lowest level at 1696.80. On the technical indicators, the MACD bearish kinetic energy bar is moderate, and the RSI indicator moves up to the equilibrium zone. In the market outlook, the gold price support level at 1700.00, while the gold price resistance level at 1720.00.#XAU/USD# #Todayanalysis#