Gold grinds higher as the US dollar softens amid lower Treasury yields.
The rally slowed as the bulls pushed towards the key resistance at 1824. A bullish breakout could trigger an extended rally and further confirm the reversal.
However, the RSI divergence may temper the enthusiasm. Its failure to follow the price and achieve a higher high is a warning sign of fading momentum.
1790 is the immediate support and its breach could send the price to 1775, where the precious metal first broke out of its bearish range.
