Technical analysis:
Gold has been trading upside this morning and I can see that key resistance zone is set at hte price of $1.968. Pay attention to this level cause its important for the further direction.
In case of the rejection of the resistance at $1.968, Gold may go down towards $1.957-$1.948.
In case of the breakout of $1.968, there is potential for the test of upper references at $1.974 and $1.980
Golid is in the trading range and coil process....
