Technical analysis:
Gold has been trading downwards at the price of $1,977 but I see extreme intraday condition and potential for the rally.
Trading recommendation:
Watch for buying opportunities due to extreme downside condition.
Upside targets are set at the price of $1,809 and $1,815.
Stochastic is showing extreme condition and bullish divergences, which is another sign for the rally...
Key support is set at $1,792
