After Gold XAUUSD spot failed to take out all time high earlier this month it got sold off down to the 0.618 Fibonacci retracement level at around $1,895 where it has bounced somewhat. Seems as if the buyers have run out of power at the 0.682 retracement at around $1,965.
Expect Gold XAUUSD to be stuck in this range for maybe a week or two. However, 16th March trough at 1.895 could come under pressure and if breaking below next support is at $1,848.
With RSI showing no divergence it indicates we should see a move higher. A move above $1,965 could lead to a renewed test of all-time highs. With resistance at $2,000 i.e. the 0.618 retracement.
Keep an eye on the RSI. Breaking above its falling trendline could be first indication of a breakout from the $1,895-1,965 range.