Technical analysis:
Gold has been trading downside this morning but there is the strong support zone and lower trend-line, which is sign that buyers can join.
Trading recommendation:
Due to the strong upside pressure in the background and potential for the upside continuation, I see further growth on the Gold
Watch for the potential buying opportunities in case of the breakout of the resistance at $1.938.
Upside objective is setat the price of $1.963
Stochastic oscillator is showing oversold condition and fresh bull cross, which is good sign for further upside movement.
Key support is set at the price of $1.920
