Technical analysis:
Gold has been trading sideways in last 24 hours and I see potential for the breakout of the range to the upside.
Trading recommendation:
Due to the sideways regime and long term upside trend, I see potential for the upside movement today.
Watch for the potential buying opportunities in case of the upside breakout of the resistance at $1.880.
Upside objective is set at the price of $1.901.
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of $1.860
