Technical analysis:
Gold has been upside and I found the upside breakout and potential for the test of $1.850.
Trading recommendation:
Due to the breakout of the 5-day balance, my advice is to watch for potential buying opportunities on the pullbacks.
Upside objective is set at the price of $1.850.
Stochastic is showing overbought condition but with bulls in control, which is sign that buyers are still in control.
Additionally, there is the breakout of the upper Bollinger Band.
