Analysis of Gold for August 02,.2022 - Potential for the upside continuation

Technical analysis:

Gold has been trading downside this morning but I see potential for the upside continuation of the bullish trend.

Trading recommendation:

Due to strong upside trend in past few days and the light pullback, I see potential for the upside continuation.

Watch for buying opportunities on the intraday dips with the upside objectives at $1.790 and $1.805.

Stochastic is showing oversold condition and fresh bull cross, which is good sign for the further rally,.

Key support is set at the price of $1.765