Analysis of Gold for July 14,.2021 - Upside breakout of the consolidation and potential for test of $1.850

Technical analysis:

Gold has been upside and I found the upside breakout and potential for the test of $1.850.

Trading recommendation:

Due to the breakout of the 5-day balance, my advice is to watch for potential buying opportunities on the pullbacks.

Upside objective is set at the price of $1.850.

Stochastic is showing overbought condition but with bulls in control, which is sign that buyers are still in control.

Additionally, there is the breakout of the upper Bollinger Band.