Gold strengthens its position and recovers to 1,797. But the price breaks the local support level, which goes by the local rising lows
1) The price could make a pullback to 1784, but the upside potential to 1803 remains open 2) The trend is ascending and the price keeps updating the lows 3) It is possible to pullback from 1803 before the price starts to break it up 4) It is possible to buy after a pullback to 1784 and after the breakdown of 1803. 5) It is acceptable to sell subject to risk reduction from the level of 1803 (close targets) 6) Medium-term potential - growth up to 1820
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