FX.co ★ Analysis of Gold for March 21,.2023 - Potential for the upside continuation

Technical analysis:

Gold has been trading in the sideways range at the price of $1.975 but in the upside trending condiiton, which is a sign for potential upside continuation.

In case of the upside breakout of the resistance cluster at $1.985, there is potential for the re-test of the $2.005

Upside objective is set at the price of $2.005

Key support is set at the price of $1.967