Technical analysis:
Gold has been trading upside today and I found that mini upside breakout of the contraction in the background, which can be sign for further rally.
Trading recommendation:
Due to the breakout of the mini contraction in the background and open drive this morning to the upside , I see further bullish movement.
Watch for potential buying opportunities on the intraday dips with the upside objectives at $1.942 and $1.950.
Stochastic oscillator is showing fresh bull cross, which is good confirmation for further upside movement.
Key support is set at the price of $1.916
