Technical analysis:
Gold has been trading sideways at the price of $1.802. There is potential for the breakout play under this condition to confirm further direction.
Trading recommendation:
Watch for the breakout to confirm further direction.
Breakout of support at the price of $1.790 can lead the price towards $1.759
Upside breakout of the resistance at $1.815 can lead Gold towards $1.859.
Bollinger bands started to contract....
