Gold price slightly reversed after the bulls failed to break above 1820. The metal bounced almost 30$ yesterday boosted by the weaker dollar.
On the downside, any meaningful pullback now seems to find some support near the 1810/06 zones. A break below 1805 will confirm a possible move to 1790/86 then 1772.
However, the 1820/25 zone remains the key resistance to watch because above this, we can expect strong bullish momentum till 1835/40.
