Technical analysis:
Gold has been trading sideways at the price of $1.905 but I see potential for the further downside movement.
Trading recommendation:
Watch for potential selling opportunistic due to overbought condition and not enough power from buyers.
Downside targets are set at the price of $1.888 and $1.853.
Stochastic is showing overbought condition and fresh bear cross, which is another sign and confirmation for the downside rotation.
