Gold price watch for a breakout

Gold price struggling to regain momentum. As of this writing, the metal hovers below 1910. However, the overall sentiment remains bullish as investors and traders expect the Federal Reserve to ease up on its aggressive monetary policy tightening later this year.

Moving ahead, the key support remains for the metal below 1900, a break below this level will confirm a possible move to 1892 then 1880. On the upper side, the key resistance is located around 1918/20, a break above this level will confirm a possible move to 1932 and 1938 minimum.