Technical analysis:
Gold has been trading upside today but there is the the sell off in the background, which can be potential for buyers to load long positions.
Trading recommendation:
Due to strong upside momentum in the background and breakout of multi month consolidation I see potential for further upside continuation
Watch for potential buying opportunities on the dips and area around $1,930 and 1,920.
Upside objectives are set at $1,965 and $1,973
Additionally, there is the most recent rising trend line, which is stil active.
