Technical analysis:
Gold has been trading upside this morning and there is the breakout of the mini downside channel, which is good sign for further rise.
Trading recommendation:
Due to the breakout of the mini upside channel and strong upside momentum, I ee potential for the further rally.
Watch for potential buying opportunities on the intraday dips with the upside objectives at $1.840 and $1.855.
Stochastic is showing bullish divergence and fresh bull cross, which is another good confirmation for further rally.
Key support is set at the price of $1.807
