Gold might hit the new support of 1761, afterwards it will rise to the 1800 levels in few days I quess. It might even not hit the 1761 and will continue rising.
I don't see any fundamental news right now what can decrease the Gold price for up coming few days.
This is my first technical analyses without any knowledge or study before (just analysed some traders past few days and did some Google-research).
Forecast based on:
- Intersection of downwards trendline with resistance level = strong resistance
- NFP developments