Technical analysis:
Gold has been trading upside and the price tested the level fo $1.912 but I see big exhaustion and potential for the drop towards the level of $1.855.
Trading recommendation:
Watch for potential selling opportunities if you see the downside breakout of the mini upside channel.
Downside target is set at $1.855.
Stochastic is showing overbought condition and fresh bear cross, which is another sign and confirmation for the downside rotation.
