Technical analysis:
Gold has been downside yesterday but I found rejection of the key support at the price of $1.982, which is good sign for the further rally...
Due to the rejection of the key support zone in the background and upside cycle, I see potential for the further growth on the Gold.
Upside objectives are set at the price of $2.014 and $2.042
MACD oscillator is showing decreasing in the bear reading, which is sign that sellers are losing power and that buyers are coming.
Key support is set at the price of $1.982
