Gold price found solid support at the 1828.70 level, to rebound bullishly and surpass the correctional bearish channel’s resistance, to hint heading to recover and achieve some expected gains in the upcoming sessions, targeting testing 1878.80 mainly.
Note that the continuation of the rise and breaching 1878.80 will push the price to regain the main bullish trend and achieve more positive targets that reach 1928.60 as a next station, while breaking 1828.70 will press on the price to achieve additional bearish correction that its next target reaches 1788.20.
Note that the continuation of the rise and breaching 1878.80 will push the price to regain the main bullish trend and achieve more positive targets that reach 1928.60 as a next station, while breaking 1828.70 will press on the price to achieve additional bearish correction that its next target reaches 1788.20.