Technical analysis:
Gold has been trading downside yesterday from the mid day but the Gold found support at the price of $1.940 and I see potential for the rejection and upside movement.
Due to the mid-long term upside trends and the rejection of the support cluster, I see potential for the further upside movement towards upside references.
Upside objectives are set at the price of $1.954 and $1.967
MACD oscillator is showing neutral reading and potential for upside continuation..
Support cluster is set at the price of $1.940
