The Gold futures market remains in consolidation and the trend remains bullish in the short-to-medium term so I'm looking for an opportunity to go long today. Above 1747 is bullish and any drops towards this level should be considered a valid buy opportunity. Only an hourly close below 1747 will neglect the bullish bias and will accelerate towards the next support at 1724. The market is currently testing support at the ascending trendline and 38.2 Fibonacci extension around 1755.
Pivot: 1747
Support: 1724, 1716
Resistance: 1776, 1788, 1800
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