Technical analysis:
Gold has been trading upside as I expected and the price has reached the first upside objective at the price of $1.938. Anyway, I see potential for further upside movement due to the strong upside momentum.
Trading recommendation:
Due to the strong upside pressure in the background and breakout of the key resistance zone , I see potential for further growth.
Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $1.964
Key support is set at the price of $1.937
