Gold has been trading sideways at the price of $1.752. Anyway, I see potential for the further upside continuation due to the breakout of the downside channel in the background.
Due to the strong upside pressure in the background and the breakout of channel, I see potential for the further growth.
Watch for the potential buying opportunities on the intraday dips with the upside objective at $1.785.
MACD oscillator is showing upside reading, which is good sign for further upside continuation.
Key support is set at the price of $1.730