Société Générale technical outlook on gold, in brief:
- is marching towards a multi month descending trend line near $1,875
- A break above $1,875 would denote an extended rebound towards projections of $1,930 and graphical levels of $1,965/$1,980
- Daily MACD has entered positive territory which denotes upside momentum is regaining
- upper band of the base near $1,835 and $1,810 are short-term support levels
