FX.co ★ Gold price remains above key support.

Gold price is at $1,926 after reaching as high as $1,949 yesterday. The 2022 high of $1,973 has not been broken yet. Trend remains bullish as price continues to respect key support trend lines coming from January lows.

The blue support trend line is found at $1,896-$1,900. This is key short-term support. As long as price is above this level, bulls will remain in full control of the trend. Price continues making higher highs and higher lows. The RSI has not provided any bearish divergence yet, so despite the pull back, it is more probable to see Gold's price continue higher.