Gold recently reversed up with the daily Hammer from the round support level 1700.00, standing near the lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse from March of 2018. The upward reversal from this support level started the active impulse wave 3. Given the clear multi-month uptrend – Gold is likely to rise further toward the next resistance level 1745.00 (which stopped the pervious waves (iv) and 1) – the breakout of which can lead to the re-test of the earlier monthly high from May at 1765.00.