Bullion advances higher as the dollar index stays muted at a seven-week low. The price action has been in consolidation following a recent rally above 1757.
A neutral RSI may suggest there is still room on the upside. 1814 from the daily chart is a major resistance, and its breach could trigger a reversal. On the downside, 1777 is the immediate support in case of a pullback.
Further down, 1760 along the bullish trendline is a congestion area and may see strong buying interest from short-term trend-followers.
