Technical analysis:
Gold has been trading downside in the background and I see key support cluster at the price of $1.973. I see potential for the upside movement today.
Due to the strong upside condition on the longer time-frame and the key support on the test, I see potential for the further upside movement.
Upside objectives are set at the price of $2.009 and $2.045
MACD oscillator is showing decreasing in the downside momentum, which is good for the further upside movement.
Key support zone is set at the price of $1.971
