Technical analysis:
Gold has been trading sideways at the price of $1.800 but I see potential for the downside breakout.
Trading recommendation:
Watch for potential selling opportunities if the price breaks the level of $1.792.
Downside target will be set at the price of $1.755.
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
Key resistance is set at the price of 1.812.
