The European session on Friday intensified to see more aggressive price fluctuations in the market with a focus on the strengthening of the US dollar.
It is likely that investors will return towards risky and more cautious sentiment ahead of tonight's US NFP (US) job data report.
Among the volatile movements seen in gold trading with the price on the XAU / USD chart has exhibited a reversal below the important level of 1900.00.
As of the European session, the price has recorded a daily decline of around 400 pips towards the price support level in 1875.00.
However, the price movement is still lively around 5 pm local time but held below the level of 1900.00 which was the RBS zone (resistance become support) before.
With pressure from the US dollar, prices will continue to press lower to try to pass the support level of 1875.00 before heading to the support zone around 1850.00.
However, investors will remain wary of the expected increase in gold prices if sentiment changes.
The price increase is expected to reach the level of 1900.00 to test the SBR zone (support become resistance).
The aggressive price movement will continue until the New York session with NFP employment data reports with weak data reading expectations.
