Technical analysis:
Gold has been trading sideways at the price of $1,749 but there is chance for the downside movement.
Trading recommendation:
Gold is still in the post climax mode but there is intraday clue that downside can be in the play due to breakout of the support at $$1,750.
Watch for selling opportunities with the targets at $1,737 and $1,719
Stochastic is showing downside reading with no evidence for the reversal...
Resistance is set at the price of $1,764
