Technical analysis:
Gold made buying climax after the CPI news today but the main pivot at the price of $1,808 is on the test.
Trading recommendation:
Watch for potential reversion to the mean type of setups due to extreme condition.
Downside target is set at $1,793 and $1,782
In case of the upside breakout of $1,808 and pullback on lither volume I see potential for the upside continuation towards $1,826
