Can Gold Overcome the Second Hurdle Blocking 1800?

It took gold 2 days to overpower the selling pressure at 1520 level and now gunning for the second hurdle located from the current price level to 1547. If the bulls are able to demolish all bears at these levels, then gold is more likely to create another high. With that, the precious metal could be eyeing to equal 2012 high at around 1800...

Trade attivo:

Bears sent gold price below the trendline