Gold continues to rise inside the short-term impulse wave (iii) which started recently from the key support level 1750.00 (former major resistance level which stopped the price in April and May as can be seen from the daily Gold chart below). Given the clear daily uptrend – Gold is likely to extend the gains in the active impulse waves 3 and (iii) toward the next resistance level 1790.00 (top of the previous minor top from the end of June) and 1800.00 (target for the completion of the active wave (iii)).