Technical analysis:
Gold has been trading in the sideways at the price of $2.031 but I see potential for the upside continuation.
Due to the strong upside cycle in the background and absorption of the selling climax from Friday, I see potential for the upside continuation.
Upside objectives are set at the price of $2.058 and $2.078
MACD oscillator is showing fresh upside cross, which is another good sign for the further upside movement.
Key support is set at the price of $2.000