Technical analysis:
Gold has been trading upside this morning but the Gold has reached our main downside objective at the price of $1.790. Anyway, there is rejection of the pivot so I see further upside movement.
Trading recommendation:
Due to the strong rejection of the key pivot at $1.790, I see potential for further upside movement.
Watch for potential selling buying opportunities on the intraday dips with the upside targets at $1.815 and $1.826.
Stochastic is showing bull divergence, which is another sign for the further upside movement towards upper references.
Key support is set at the price of $1.790
