Technical analysis:
Gold has been trading downwards as I expected. There is the second downside leg in creation, which is good indication for the further downside continuation.
Trading recommendation:
Watch for potential selling opportunities on the rallies wit the downside targets at the price of $1.880 and $1.873.
Stochastic is showing negative reading and there no extreme condition yet....
Additionally, I projected parallel line to find downside objective.
