Technical analysis:
Gold has been trading upside as I expected and the price is trading near the first upside objective at $1.810. I still see potential for further growth due to the buyers in control and upside trend in the background.
Trading recommendation:
Due to the strong upside pressure in the background buyers in control, I see potential for the further upside movement.
Watch for the potential buying opportunities on the intraday dips with the upside objectives at the price of $1.810 and $1.840.
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of $1.765
