Technical analysis:
Gold has been trading upside as I expected in my previous analysis. I still see strong upside momentum and potential for further rally.
Trading recommendation:
Due to strong upside momentum and the upside structure, watch for buying opportunities on the intraday dips.
Upside objectives are placed at the price of $1,860 (Fibonacci expansion 100% and parallel line) and $1,875.
Both MACD and Stochastic are bullish and there is no sign for potential reversal.
Support level is set at the price of $1,835
