Technical analysis:
Gold has been trading upside this morning and it is approaching the key resistance level at $1.726. Watch for the reaction of this key pivot resistance to confirm further direction.
In case of the rejection of key resistance at 1.726, watch for the downside rotation towards $1.690
In case of the upside breakout of 1.726, watch for the buying opportunities on the intraday dips with the upside objective at $1.741