Technical analysis:
Gold has been trading upside as I expected but the price is testing key supply zone at $1.673-$1.678. Watch for the price action around this key supply zone to confirm further direction.
Trading recommendation:
Due to the test of key supply zone, there is chance for rejection or the breakout.
In case of the breakout of the supply zone and level at $1.687, watch for the buying opportunities with the next upside objective at $1.727
In case of the rejection of supply zone, watch for selling opportunities towards the levels at $1.643 and $1.615
