Technical analysis:
Gold has been trading downside as I expected. I still expect downside movement towards the level at $1.724.
Trading recommendation:
Watch for potential selling opportunities on the rallies with the downside targets at the price of $1.724 and $1.681.
There is potential end of the upside correction "running flat"...
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
