1) Gold is still in the 1765-1729 range. 2) The reversal pattern indicates that there are bulls in the market 3) The bulls continue to press the price and form a new support level of 1739 4) Price tends to 1765 5) The opening session was far from resistance, so I do not expect a breakdown of the level today 6) Indicators are pointing to strengthening bullish sentiment 7) Price is aiming for a strong 1840-1860 contagion zone (medium term)