Technical analysis:
Gold has been trading downwards as I expected. The price has reached the first downside objective at $1.755 and is heading towards $1.681.
Trading recommendation:
Watch for potential selling opportunities on the rallies with the downside target at $1.681.
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
I see no sign of reversal....
Resistance is set at $1.794
