Technical analysis:
Gold has been trading upside as I expected and the market reached first upside objective at price of $1.966. Anyway, I see potentia lfor the further upside continuation towards next reference points.
Due to the mid-long term upside trends and strong momentum to the upside in the background, I see potential for the further rally towards next reference point.
Next upside objective is set at the price of $1.982
MACD oscillator is showing neutral reading and potential for upside continuation..
Support cluster is set at the price of $1.940
