Technical analysis:
Gold is trading sideways at the price of $1,814. Watch for the breakout of the balance to confirm further direction.
Trading recommendation:
Due to the sideways regime, watch for breakout of support or resistance to confirm further direction.
The breakout of the resistance at the price of $1,820 will potentially lead Gold towards $1,833 and $1,860
Downside breakout of support at $1,803 will potentially lead Gold towards $1,782
