Technical analysis:
Gold has been trading downside yesterday but I found bullish divergence in the momentum and rejection of the lower trend-line of the downside channel.
Due to the rejection of the trend-line support and upside trend, I see potential for the further rally towards upside references.
Upside objectives are set at the price of $2.000 and $2.010
MACD oscillator is showing bullish divergence and potential for the further growth.
Support level is set at the price of $1.978
