After profit booking by speculative traders around 1820 recent top, Gold correction has tested major support level of 1791 which is 100 Day SMA. 

Four Hours time frame chart shows Stochastic is oversold with reading 6/8 indicating a price rebound from the lows. 

We expect Gold to rise from the lows of 1791-1790 to resume upside for Targets 1798-1808 and recent high of 1820 above which rally can extend to 1825 fibonacci level and 1835 major hurdle. 

Failure to hold above 1790 can expose the metal to 1780-1770

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