Technical analysis:
Gold has been trading upside as I expected. The price is near the critical pivot level at $1,833.
Trading recommendation:
Important resistance zone around $1,830 is on the test. Watch for the breakout on high volume to confirm further upside continuation.
In case of the upside breakout, watch for pullbacks with the upside target at $1,862
Stochastic oscillator is showing that fast lane made new 20-day high, which is another sign that Gold is in very strong upside cycle.
Support level is set at $1,809
