Technical analysis:
Gold has been trading upside today and I see potential for further rally. There is the breakout of key pivot point at $1,797.
Trading recommendation:
Due to the breakout of the key pivot resistance at $1,797, I see potential for the bullish movement and upside continuation.
Watch for buying opportunities on the pullbacks and continuation al patterns.
Upside targets are set at $1,812 and $1,829.
Stochastic is showing bull reading and no signs for the reversal
MACD got rising slow line, which favors upside continuation.
Key support is set at $1,782
