Technical analysis:
Gold has been trading upside in the background and I found breakout of the resistance at $1.985, which is good sign for the further upside movement.
Due to the short-term upside trend and potential for re-test of the support, I see potential for teh higher prices towards next upside reference.
Upside objective is set at $2.000
RSI oscillator is showing reading above 50 level and there is the upside trend condition, which is good sign for the further rally.
Support level is set at $1.985