Gold jumped as the dollar tumbled the day after the Federal Reserve raised expectations that more monetary easing was on the way. In addition to dollar weakness, gold has gotten a boost from concerns about the stability of the financial system and the outlook for fiat currencies in general. now technically market is trading in the range as RSI for 18days is currently indicating 60.59, where as 50DMA is at 18660.38 and gold is trading above the same and getting support at 19078 and below could see a test of 18972 level, And resistance is now likely to be seen at 19260, a move above could see prices testing 19336.

Trading Ideas:

Gold trading range is 18972-19336.

Gold jumped as the dollar tumbled the day after the Fed meet

On MCX gold looks to take support at 19080 and resistance at 19260 level

In spot gold looks to have a support at 1282$ and resistance at 1300$.