Gold continues to rise after breaking the key resistance level 113.00, which has been repeatedly reversing all pervious upward impulse from the middle of July, as can be seen from the daily Gold chart below. The breakout of this resistance level accelerated the active minor impulse wave (iii). Given rising demand for gold on strong save haven inflows into the precious metals at the moment, Gold can be expected to rise further in the active impulse waves (iii),3, and (3) toward the next resistance level 1880.00 (former support level from the end of May).