Nothing seems to have changed from a technical perspective, as Gold price still yearns for acceptance above the horizontal trendline resistance at $1,825.
Daily closing above the latter will yield a big breakout, opening doors toward the $1,850 psychological level. Ahead of that the $1,830 round figure will challenge the bearish commitments.
The bullish 14-day Relative Strength Index (RSI) and a bull cross confirmation lend support to the bullish outlook in Gold price.
The bullish 21-Daily Moving Average (DMA) at $1,785 has pierced the horizontal 200DMA for the upside, awaiting confirmation on a daily closing basis.
Alternatively, a rejection at the $1,825 resistance could recall sellers toward the critical confluence support at $1,785.
On its way downwards, Gold price could battie the December 14 high of $1,814, below which a sharp drop to the $1,800 mark cannot be ruled out.