Gold is pushing higher after the strong collapse even though traders are taking some profit. Hourly support is given at 1306 (04/01/2018 low). Resistance located at 1326 (04/01/2018 has been broken and the commodity is now targeting strong resistance at 1357 (08/09/2017 high).
In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low).
