Technical analysis:
Gold has been trading sideways at the price of $1.923 but I see potential upside continuation of the upside impulsive movement in the background.
Trading recommendation:
Due to strong upside impulsive movement in the background and the aggressive reversal, I see potential for the upside continuation.
Watch for buying opportunities on the pullbacks with the upside objectives at the price of $1.950 (Previous swing high and FE 61.8%) and $1.970 (FE 100%)
Key support is set at the price of $1.895
