Technical analysis:
Gold has been trading upside today and I expect the continuation of the upside momentum.
Trading recommendation:
Due to the rejection of the key pivot at the price of $1,789, I see potential for the upside continuation of the bullish momentum in the background.
Watch for buying opportunities on the intraday pullbacks with the upside objective at the price of $1,814.
Stochastic is showing fresh bull cross and the oversold condition, which is another sign and confirmation for the upside rotation.
Key support level is set at $1,789
