GOLD sideway waiting for positive signsGold price remains well above key short-term support around $1,897, including one-week Fibonacci 38.2%.
Also, setting a solid floor for XAU/USD is a convergence of the 5-DMA and the previous monthly low, around $1,905.
It is worth noting that the one-day 161.8% and 61.8% one-week Fibonacci join S2 one day of the Pivot Point to add strength to the $1,905 support.
Meanwhile, the one-day 61.8% Fibonacci, the Bollinger middle band above the one-hour high and the previous weekly high together limit the Gold Price's immediate upside near $1,920.
In the event that the bulls break through the $1,920 barrier, Gold Price will rally towards the one-week 161.8% Fibonacci match, the one-day R3 of the Pivot Point and the 4-hour 200-SMA, near $1,937. can be excluded.
