Gold is still in the ascending trend



 
Inflation expectations continue to be anchored in international markets and we saw that ascending trend is still the case in Gold due to the slight decline in US index. Technically, the potential to rise will continue, unless 1852 support is broken with permanent closes below. If 1875 resistance is exceeded thanks to the bullish movements, 1888 and 1900 levels will be our target. Below 1852, on the other hand, our support level could be 1840.