Analysis of Gold for July 19, 2023 - Important pivot level on the test

Technical analysis:

Gold has been trading upside yesterday and I found that key resistance cluster at hte price of $1.982 is on the test today.

In case of the rejection of the key resistance at $1.982, I see potential for the rotation back downside towards $1.960

In case of the breakout of the resistance at $1.982, I see potential for the further rally towards $2.000