Gold closed above $1800 on Friday and has pushed higher across the European session on Monday. Key resistance can be seen at $1855 the confluence of the 200 DMA and the 50 DMA. A breakthrough here could open the door to February’s high $1875.
On the flip side, immediate support can be seen at $1800 psychological level ahead of $1785 Feb 4th low. A daily close below this level could see gold extend losses to $1765.