Immediate focus is now on 1814.06 resistance in Gold. Firm break there will resume the rebound from 1752.32, and solidify the case that fall from 1877.05 has completed. In this case, stronger rally should be seen towards 1877.05 key structural resistance next.
However, note that Gold is already losing some upside momentum as seen in 4 hour 55 EMA. Rejection by 1814.06 will bring another falling leg to extend the pattern from 1814.06. But still, further rally will remain mildly in favor as long as 1784.78 support holds.
