FX.co ★ Short-term technical analysis on Gold.

Gold price is trading around $1,800-$1,810. Short-term trend is neutral as price mostly moves sideways between $1,830 and $1,790.

Blue line - resistance

Gold price is trading around $1,811. Gold price is in the middle between key resistance and key support. A break below $1,790 will open the way for a deeper pull back towards $1,760-50. If resistance at $1,830 is broken then Gold will move towards $1,880. I believe the bullish scenario is the most probable one.