Technical analysis:
Gold has been trading strongly upside yesterday and I found big range reversal bar, which is sign of the aggressive buyers. There is potential for the upside movement.
Trading recommendation:
Due do the strong wide range reversal bar yesterday, I see potential for further upside continuation today.
Watch for potential buying opportunities on the intraday pullbacks.
Upside objective is set at the price $1.740
Stochastic oscillator is showing bullish divergence and fresh bull cross, which is good sign for further rally.
Key support is set at the price of $1.681
