Yesterday, the five-day bullish trend of the gold price was stopped at $1788. Shortly after reaching the maximum, the price retreated to the $1753 level. During the Asian session, the price recovered to the $1770 level, where we again encountered an obstacle and saw a new pullback today. Currently, the price of gold is at $1763, representing a price increase of 0.20% since the beginning of trading last night. If the price forms a new higher low at this point, the recovery could continue. For a bullish option, we need a return above the $1770 level and a hold above that level. With a new bullish consolidation, we ... (full story)