Gold - 4 Hourly

Gold - 4 hourly - Potential bullish breakout could happen within the next 24 hours.

Technicals

Gold - 4 hourly - Potential bullish breakout could happen within the next 24 hours. Gold has support at $1,783. A break of the supportive trendline would negate the possible bullish breakout. Towards the upside tough resistance sits at $1,800. A break here and close here could take gold towards $1,850 over the coming days. Gold is a risk-off market and given the issues surrounding the world it makes sense to see some relief in the price over time anyhow.