Gold rose on Tuesday morning in Asia as the dollar dragged down. The precious metal pushed up by 1% after the greenback had its worst day in a fortnight. Trading in Asia pushed gold even higher as the currency differential came into full effect, making gold cheaper for currencies other than the dollar.

Once again the market rejects an attempt to turn the trend down into a sustained bear selloff. The rebounding action in recent days provides a short term bullish signal and call for rallies to attack 1974.0  resistance. A close over 1973.0  is bullish and targets a drive to 1992.0.