Gold recently reversed up sharply from the support area lying between the key support level 1460.00 (which has been reversing the price from September of 2019, as can be seen below)located close to the lower daily Bollinger Band.The upward reversal from this support area continues the active medium-term impulse wave (3)from the middle of March.Given the strength of the support area near thesupport level1460.00-Gold is likely to extend the gains toward the next resistance level 1540.00 (former strong support from the middle of January)