Technical analysis:
Gold has been trading upside in the background and in the tight sideways range. There is potential for the breakout of the tight range.
In case of the breakout of resistance of the tight range at $1.964, I see potential for the rally towards $1.969 and $1.981
In case of the breakout of the support of the tight consolidation at $1.952, I see potential for the downside movement towards $1.932
