Technical analysis:
Gold has been trading downside this morning but I found that key support cluster at the price of $1.985 is on the test.
Due to the rejection of the key support cluster in the background and the short-term upside trend, I see potential for the further rally.
Upside objectives are set at the price of $2.040
MACD oscillator is showing bullish divergence, which is good sign for the further upside movement.
Support is set at the price of $1.980-$1.985