Gold recently broke above the pivotal resistance level 1900.00 (which has been reversing the price from the middle of November) intersecting with the resistance trendline of the dually down channel from August. The breakout of the resistance level 1900.00 accelerated the active impulse waves 3 and (3). Given the clear daily uptrend – Gold is expected to rise further toward the next resistance level 1950.00 (former multi-month high from the middle of November – which stopped the previous intermediate corrective wave (B)).