Technical analysis:
Gold has been trading upside this morning and the there i still lots of potential for the further upside movement.
Due to the strong upside cycle on the longer time-frames and building higher lows in last couple of days, I see potential for the further growth.
Upside objectives are set at the price of $2.010 and $2.045
MACD oscillator is showing upside reading and increase in momentum, which is good sign for the further higher prices.
Support is set at the price of $1.970
